Org.nr 990 574 693 2019 → 2020 Year-over-year analysis

ACADEMIC WORK NORWAY AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-06-25; registry 2021-08-23; journal 2021 636700

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACADEMIC WORK NORWAY AS. Revenue 245.33m NOK → 254.32m NOK (+3.7%).

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: cash fell.

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

At a glance

Revenue

245.33m NOK 254.32m NOK

+3.7%

Operating result

+13.50m NOK +14.34m NOK

+6.2%

Net result

n/m +11.22m NOK

—

Equity

n/m 21.90m NOK

—

Cash

6.99m NOK 6.93m NOK

-0.8%

Total assets

84.90m NOK 96.52m NOK

+13.7%

↑
Revenue rose

Operating income / revenue moved from 245.33m NOK to 254.32m NOK (+3.7% YoY). Calculated
↑
Operating result improved

Operating result +13.50m NOK → +14.34m NOK (op. margin 5.5% → 5.6%). Calculated
↑
Payroll decreased

Salary cost 4.14bn NOK → 3.15bn NOK (1687% → 1237% of revenue). Calculated

·
COGS fell

COGS / varekostnad 62.10m NOK → 53.28m NOK (-14.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 399.0k NOK → 479.7k NOK. Reported fact