ADMIN & IT CONSULT AS: årsregnskap 2018 vs 2017
Grew 46626% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-20; journal 2019 755027
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADMIN & IT CONSULT AS. Revenue 990 NOK → 462.6k NOK (+46626.3%). Net result +2 334 NOK → +69.0k NOK. Equity 32.2k NOK → 30.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 990 NOK to 462.6k NOK (+46626.3% YoY). Calculated
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↑
Operating result improved
Operating result +16.8k NOK → +105.5k NOK (op. margin 1694.7% → 22.8%). Calculated
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Net result improved
Net result +2 334 NOK → +69.0k NOK (net margin 235.8% → 14.9%). Calculated
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Cash rose
Bank deposits 15.8k NOK → 314.9k NOK (+1892.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 625.0k NOK → 220.8k NOK (63136% → 48% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 32.2k NOK → 30.0k NOK (equity ratio 2.4% → 7.4%). Calculated