Org.nr 990 574 693 2011 → 2012 Year-over-year analysis

ACADEMIC WORK NORWAY AS: årsregnskap 2012 vs 2011

Grew 24% on revenue, stronger earnings

approved 2013-03-06; registry 2013-06-17; journal 2013 458069

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ACADEMIC WORK NORWAY AS. Revenue 143.42m NOK → 178.29m NOK (+24.3%). Net result 0 NOK → +105.6k NOK. Equity 3.26m NOK → 4.90m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACADEMIC WORK NORWAY AS.

Scorecard

Revenue
143.42m NOK 178.29m NOK
+24.3%
Operating result
+5.51m NOK +6.26m NOK
+13.7%
Net result
0 NOK +105.6k NOK
—
Equity
3.26m NOK 4.90m NOK
+50.4%
Cash
2.65m NOK 3.49m NOK
+31.8%
Total assets
36.16m NOK 48.35m NOK
+33.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 143.42m NOK to 178.29m NOK (+24.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.51m NOK → +6.26m NOK (op. margin 3.8% → 3.5%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +105.6k NOK (net margin 0.0% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.26m NOK → 4.90m NOK (equity ratio 9.0% → 10.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.65m NOK → 3.49m NOK (+31.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.06m NOK → 962.9k NOK — check capital reduction, conversion, or reclassification. Interpretation