ACADEMIC WORK NORWAY AS: årsregnskap 2010 vs 2009
Grew 28% on revenue, fresh owner capital
approved 2011-03-17; registry 2011-07-19; journal 2011 517774
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACADEMIC WORK NORWAY AS. Revenue 83.21m NOK → 106.19m NOK (+27.6%). Equity 608.0k NOK → 2.81m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACADEMIC WORK NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 83.21m NOK to 106.19m NOK (+27.6% YoY). Calculated
-
↑
Operating result improved
Operating result +910.2k NOK → +3.49m NOK (op. margin 1.1% → 3.3%). Calculated
-
↑
Equity strengthened
Book equity 608.0k NOK → 2.81m NOK (equity ratio 2.8% → 10.0%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 56.0k NOK → 1.06m NOK (+1.00m NOK). Reported fact
-
↑
Payroll decreased
Salary cost 723.0k NOK → 1 016 NOK (1% → 0% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 11.25m NOK → 7.32m NOK (-35.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 300.0k NOK → 450 NOK. Reported fact