Org.nr 990 574 693 2016 → 2017 Year-over-year analysis

ACADEMIC WORK NORWAY AS: årsregnskap 2017 vs 2016

Shrank 91% on revenue

approved 2018-05-25; registry 2018-06-23; journal 2018 532470

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACADEMIC WORK NORWAY AS. Revenue 2.17bn NOK → 193.41m NOK (-91.1%).

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACADEMIC WORK NORWAY AS.

At a glance

Revenue

2.17bn NOK 193.41m NOK

-91.1%

Operating result

+89.1k NOK n/m

—

Net result

+4.57m NOK n/m

—

Equity

14.08m NOK n/m

—

Cash

4.41m NOK 6.07m NOK

+37.6%

Total assets

47.11m NOK 67.45m NOK

+43.2%

↑
Cash rose

Bank deposits 4.41m NOK → 6.07m NOK (+37.6% YoY). Calculated
↑
Payroll decreased

Salary cost 12.11bn NOK → 3 NOK (558% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.17bn NOK to 193.41m NOK (-91.1% YoY). Calculated
↓
COGS moved

COGS / varekostnad 36.20m NOK → 42.73m NOK (+18.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 300.0k NOK → 366.6k NOK. Reported fact