FirmaIQ
Org.nr 997 991 230 2019 → 2020 Year-over-year analysis

ADMIN CONSULT AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, slipped into loss

registry 2021-08-26; journal 2021 684079

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADMIN CONSULT AS. Revenue 215 NOK → 0 NOK (-100.0%). Net result +42.0k NOK → -17.1k NOK. Equity 16.2k NOK → -893 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMIN CONSULT AS.

At a glance

Scorecard

Revenue
215 NOK 0 NOK
-100.0%
Operating result
+42.4k NOK -17.1k NOK
-140.3%
Net result
+42.0k NOK -17.1k NOK
-140.7%
Equity
16.2k NOK -893 NOK
-105.5%
Cash
9 853 NOK 5 637 NOK
-42.8%
Total assets
9 853 NOK 5 637 NOK
-42.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 215 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +42.4k NOK → -17.1k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 42.0k NOK profit to a loss of 17.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 16.2k NOK → -893 NOK (equity ratio 164.5% → -15.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 853 NOK → 5 637 NOK (-42.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation