ADMIN AS: årsregnskap 2017 vs 2016
Grew 46048% on revenue
approved 2018-06-30; registry 2018-07-30; journal 2018 841105
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADMIN AS. Revenue 1 010 NOK → 466.1k NOK (+46047.8%). Equity -77.1k NOK → -71.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 010 NOK to 466.1k NOK (+46047.8% YoY). Calculated
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↑
Equity strengthened
Book equity -77.1k NOK → -71.2k NOK (equity ratio -21.9% → -10.9%). Calculated
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↑
Cash rose
Bank deposits 28.4k NOK → 59.6k NOK (+110.1% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.90× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 37.7k NOK → 156.4k NOK (3735% → 34% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 250.0k NOK → 483.4k NOK. Reported fact