ADMIN CONSULT AS: årsregnskap 2018 vs 2017
Shrank 84% on revenue, cash halved-plus
approved 2019-05-20; registry 2019-06-11; journal 2019 403316
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADMIN CONSULT AS. Revenue 1.33m NOK → 215.6k NOK (-83.8%). Equity 397.1k NOK → 58.2k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.01× → 1.29×. Calculated
-
↑
Payroll decreased
Salary cost 306.8k NOK → 75.2k NOK (23% → 35% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.33m NOK to 215.6k NOK (-83.8% YoY). Calculated
-
↓
Equity eroded
Book equity 397.1k NOK → 58.2k NOK (equity ratio 1375.6% → 28.6%). Calculated
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↓
Cash fell
Bank deposits 861.1k NOK → 188.3k NOK (-78.1% YoY). Calculated