ACADEMIC WORK NORWAY AS

0484 OSLO

Finances

Return on Equity

71,36 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	336 992 000	296 495 000	254 319 000	245 327 000
Net Income	21 032 000	21 100 000	11 215 000	10 803 000
Total Assets	121 841 000	112 354 000	96 525 000	84 898 000
Total Equity	29 472 000	25 000 000	21 901 000	25 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	336 992 000	296 495 000	254 319 000	245 327 000
Expenditure	310 736 000	269 525 000	239 981 000	231 829 000
Operating Profit	26 257 000	26 970 000	14 338 000	13 499 000
Financial Income	921 000	61 000	342 000	494 000
Financial Costs	73 000	6 000	291 000	107 000
Financial Balance	848 000	55 000	51 000	387 000
Earnings Before Tax	27 105 000	27 026 000	14 390 000	13 885 000
Tax	6 073 000	5 926 000	3 175 000	3 082 000
Net Income	21 032 000	21 100 000	11 215 000	10 803 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 405 000	848 000	1 301 000	1 867 000
Total Current Assets	120 437 000	111 506 000	95 224 000	83 031 000
Total Assets	121 841 000	112 354 000	96 525 000	84 898 000
Total Retained Equity	28 754 000	23 944 000	20 845 000	24 118 000
Total Equity	29 472 000	25 000 000	21 901 000	25 174 000
Total Long-Term Debt	0	0	0	38 000
Total Current Debt	92 369 000	87 354 000	74 624 000	59 686 000
Total Equity and Debt	121 841 000	112 354 000	96 525 000	84 898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	336 992 000	296 495 000	254 319 000	245 327 000
Other Income	0	0	0	0
Revenue	336 992 000	296 495 000	254 319 000	245 327 000
Cost of Goods Sold	104 927 000	84 543 000	53 276 000	62 101 000
Salary Costs	194 983 000	174 888 000	146 529 000	138 154 000
Depreciation	393 000	494 000	704 000	690 000
Impairment	0	0	0	0
Expenditure	310 736 000	269 525 000	239 981 000	231 829 000
Operating Profit	26 257 000	26 970 000	14 338 000	13 499 000
Financial Income	921 000	61 000	342 000	494 000
Financial Costs	73 000	6 000	291 000	107 000
Financial Balance	848 000	55 000	51 000	387 000
Dividends	15 000 000	18 000 000	0	0
Net Income	21 032 000	21 100 000	11 215 000	10 803 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	34 000	37 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	933 000	402 000	784 000	1 468 000
Total Tangible Assets	933 000	402 000	784 000	1 468 000
Total Fiancial Fixed Assets	449 000	413 000	480 000	399 000
Total Fixed Assets	1 405 000	848 000	1 301 000	1 867 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 408 000	7 910 000	6 933 000	6 988 000
Total Current Assets	120 437 000	111 506 000	95 224 000	83 031 000
Total Assets	121 841 000	112 354 000	96 525 000	84 898 000
Total Equity	29 472 000	25 000 000	21 901 000	25 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	38 000
Creditors	2 782 000	0	2 417 000	2 941 000
Unpaid Taxes	26 944 000	26 527 000	15 827 000	15 829 000
Dividends	15 000 000	18 000 000	0	0
Other Current Debt	57 102 000	54 830 000	53 130 000	37 858 000
Total Current Debt	92 369 000	87 354 000	74 624 000	59 686 000
Total Equity and Debt	121 841 000	112 354 000	96 525 000	84 898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,36 %	84,4 %	51,21 %	42,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,79 %	9,1 %	5,64 %	5,5 %
Current Ratio	1,3	1,28	1,28	1,39
Quick Ratio	1,3	1,28	1,28	1,39
Equity Ratio	0,24	0,22	0,23	0,3
Gross Profit Margin	68,86 %	71,49 %	79,05 %	74,69 %