Org.nr 997 991 230 2016 → 2017 Year-over-year analysis

ADMIN CONSULT AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-05-20; registry 2018-05-30; journal 2018 370611

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADMIN CONSULT AS. Revenue 1.27m NOK → 1.33m NOK (+4.7%). Equity 314.8k NOK → 397.1k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADMIN CONSULT AS.

At a glance

Revenue

1.27m NOK 1.33m NOK

+4.7%

Equity

314.8k NOK 397.1k NOK

+26.1%

Cash

365.5k NOK 861.1k NOK

+135.6%

Total assets

617.7k NOK 28.9k NOK

-95.3%

↑
Revenue rose

Operating income / revenue moved from 1.27m NOK to 1.33m NOK (+4.7% YoY). Calculated
↑
Equity strengthened

Book equity 314.8k NOK → 397.1k NOK (equity ratio 51.0% → 1375.6%). Calculated
↑
Cash rose

Bank deposits 365.5k NOK → 861.1k NOK (+135.6% YoY). Calculated
↑
Payroll decreased

Salary cost 690.8k NOK → 306.8k NOK (54% → 23% of revenue). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.78× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated