ACADEMIC WORK NORWAY AS: årsregnskap 2024 vs 2023
Shrank 32% on revenue, stronger earnings
approved 2025-06-30; registry 2025-07-07; journal 2025 635978
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ACADEMIC WORK NORWAY AS. Revenue 267.92m NOK → 181.81m NOK (-32.1%). Net result -12.45m NOK → -9.63m NOK. Equity 17.02m NOK → 7.38m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACADEMIC WORK NORWAY AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -18.89m NOK → -10.89m NOK (op. margin -7.1% → -6.0%). Calculated
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Net result improved
Net result -12.45m NOK → -9.63m NOK (net margin -4.6% → -5.3%). Calculated
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Payroll decreased
Salary cost 4.17bn NOK → 3.11bn NOK (1555% → 1709% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 267.92m NOK to 181.81m NOK (-32.1% YoY). Calculated
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↓
Equity eroded
Book equity 17.02m NOK → 7.38m NOK (equity ratio 27.8% → 16.8%). Calculated
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↓
Cash fell
Bank deposits 6.70m NOK → 6.08m NOK (-9.2% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 109.52m NOK → 74.74m NOK (-31.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 471.3k NOK → 339.7k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 153. Reported fact