Admi-senteret AS: årsregnskap 2018 vs 2017
Shrank 80% on revenue, weaker earnings
approved 2019-03-22; registry 2019-05-08; journal 2019 311602
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for Admi-senteret AS. Revenue 25.41m NOK → 5.16m NOK (-79.7%). Net result +17.02m NOK → +1.33m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 3.28m NOK → 12 NOK (13% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 25.41m NOK to 5.16m NOK (-79.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +21.38m NOK → +1.96m NOK (op. margin 84.1% → 38.0%). Calculated
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↓
Net result weakened
Net result +17.02m NOK → +1.33m NOK (net margin 67.0% → 25.7%). Calculated
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↓
Cash fell
Bank deposits 1.32m NOK → 733.6k NOK (-44.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 10.02× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated