ADMIN CONSULT AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2020-08-28; registry 2020-09-05; journal 2020 748346
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADMIN CONSULT AS. Revenue 215.6k NOK → 215 NOK (-99.9%). Net result +150.0k NOK → +42.0k NOK. Equity 58.2k NOK → 16.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 75.2k NOK → 3 345 NOK (35% → 1556% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 215.6k NOK to 215 NOK (-99.9% YoY). Calculated
-
↓
Net result weakened
Net result +150.0k NOK → +42.0k NOK (net margin 69.6% → 19555.8%). Calculated
-
↓
Equity eroded
Book equity 58.2k NOK → 16.2k NOK (equity ratio 28.6% → 164.5%). Calculated
-
↓
Cash fell
Bank deposits 188.3k NOK → 9 853 NOK (-94.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.29× → -1.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated