ADMIN AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, cash halved-plus
approved 2020-06-30; registry 2020-07-27; journal 2020 635503
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADMIN AS. Revenue 617.4k NOK → 672.0k NOK (+8.8%). Equity 103.5k NOK → 388.0k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
617.4k NOK
672.0k NOK
+8.8%
Operating result
n/m
+376.2k NOK
—
Net result
n/m
+284.5k NOK
—
Equity
103.5k NOK
388.0k NOK
+274.9%
Cash
211.7k NOK
56.2k NOK
-73.4%
Total assets
805.9k NOK
962.0k NOK
+19.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 617.4k NOK to 672.0k NOK (+8.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 103.5k NOK → 388.0k NOK (equity ratio 12.8% → 40.3%). Calculated
-
↑
Payroll decreased
Salary cost 155.8k NOK → 76.0k NOK (25% → 11% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 211.7k NOK → 56.2k NOK (-73.4% YoY). Calculated