Org.nr 990 574 693 2021 → 2022 Year-over-year analysis

ACADEMIC WORK NORWAY AS: årsregnskap 2022 vs 2021

Grew 14% on revenue

approved 2023-06-22; registry 2023-07-10; journal 2023 565767

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACADEMIC WORK NORWAY AS. Revenue 296.50m NOK → 336.99m NOK (+13.7%). Net result +21.10m NOK → +21.03m NOK. Equity 25.00m NOK → 29.47m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.

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

Scorecard

Revenue
296.50m NOK 336.99m NOK
+13.7%
Operating result
+26.97m NOK +26.26m NOK
-2.6%
Net result
+21.10m NOK +21.03m NOK
-0.3%
Equity
25.00m NOK 29.47m NOK
+17.9%
Cash
7.91m NOK n/m
—
Total assets
112.35m NOK 121.84m NOK
+8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 296.50m NOK to 336.99m NOK (+13.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 25.00m NOK → 29.47m NOK (equity ratio 22.3% → 24.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +26.97m NOK → +26.26m NOK (op. margin 9.1% → 7.8%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.06m NOK → 717.8k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3.17bn NOK → 3.19bn NOK (1071% → 948% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 84.54m NOK → 104.93m NOK (+24.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 412.6k NOK → 449.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 386 → 314.3. Reported fact