ACADEMIC WORK HR SERVICE NORWAY AS

0484 OSLO

Finances

Share Ownership

Return on Equity

12,1 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 106 000	54 035 000	53 482 000	62 636 000
Net Income	887 000	177 000	811 000	1 290 000
Total Assets	21 919 000	19 531 000	18 161 000	19 377 000
Total Equity	7 331 000	6 444 000	6 266 000	5 456 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 106 000	54 035 000	53 482 000	62 636 000
Expenditure	61 047 000	53 768 000	52 436 000	61 419 000
Operating Profit	1 059 000	267 000	1 046 000	1 217 000
Financial Income	121 000	9 000	26 000	87 000
Financial Costs	2 000	1 000	10 000	15 000
Financial Balance	119 000	8 000	16 000	72 000
Earnings Before Tax	1 178 000	275 000	1 062 000	1 290 000
Tax	291 000	98 000	251 000	0
Net Income	887 000	177 000	811 000	1 290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	38 000	27 000	0
Total Current Assets	21 882 000	19 493 000	18 134 000	19 377 000
Total Assets	21 919 000	19 531 000	18 161 000	19 377 000
Total Retained Equity	7 181 000	6 294 000	6 116 000	5 306 000
Total Equity	7 331 000	6 444 000	6 266 000	5 456 000
Total Long-Term Debt	2 000	2 000	1 000	0
Total Current Debt	14 587 000	13 086 000	11 894 000	13 922 000
Total Equity and Debt	21 919 000	19 531 000	18 161 000	19 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 106 000	54 035 000	53 482 000	62 636 000
Other Income	0	0	0	0
Revenue	62 106 000	54 035 000	53 482 000	62 636 000
Cost of Goods Sold	0	0	0	0
Salary Costs	58 144 000	52 697 000	49 339 000	57 705 000
Depreciation	6 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	61 047 000	53 768 000	52 436 000	61 419 000
Operating Profit	1 059 000	267 000	1 046 000	1 217 000
Financial Income	121 000	9 000	26 000	87 000
Financial Costs	2 000	1 000	10 000	15 000
Financial Balance	119 000	8 000	16 000	72 000
Dividends	0	0	0	0
Net Income	887 000	177 000	811 000	1 290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 000	36 000	24 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 000	36 000	24 000	0
Total Fiancial Fixed Assets	7 000	2 000	3 000	0
Total Fixed Assets	37 000	38 000	27 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 354 000	2 469 000	1 915 000	2 262 000
Total Current Assets	21 882 000	19 493 000	18 134 000	19 377 000
Total Assets	21 919 000	19 531 000	18 161 000	19 377 000
Total Equity	7 331 000	6 444 000	6 266 000	5 456 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	1 000	0
Creditors	906 000	0	383 000	384 000
Unpaid Taxes	6 646 000	6 569 000	5 590 000	6 849 000
Dividends	0	0	0	0
Other Current Debt	6 745 000	6 420 000	5 668 000	6 329 000
Total Current Debt	14 587 000	13 086 000	11 894 000	13 922 000
Total Equity and Debt	21 919 000	19 531 000	18 161 000	19 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,1 %	2,75 %	12,94 %	23,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,71 %	0,49 %	1,96 %	1,94 %
Current Ratio	1,5	1,49	1,52	1,39
Quick Ratio	1,5	1,49	1,52	1,39
Equity Ratio	0,33	0,33	0,35	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %