ACADEMIC WORK NORWAY AS: årsregnskap 2016 vs 2015
Stronger earnings
approved 2017-03-15; registry 2017-06-22; journal 2017 511976
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACADEMIC WORK NORWAY AS. Revenue 2.16bn NOK → 2.17bn NOK (+0.5%). Net result +1.17m NOK → +4.57m NOK. Equity 9.52m NOK → 14.08m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACADEMIC WORK NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.16bn NOK to 2.17bn NOK (+0.5% YoY). Calculated
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↑
Net result improved
Net result +1.17m NOK → +4.57m NOK (net margin 0.1% → 0.2%). Calculated
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↑
Equity strengthened
Book equity 9.52m NOK → 14.08m NOK (equity ratio 17.3% → 29.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +871.1k NOK → +89.1k NOK (op. margin 0.0% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 4.61m NOK → 4.41m NOK (-4.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 100.75m NOK → 12.11bn NOK (5% → 558% of revenue). Calculated