Org.nr 961 387 582 2016 → 2017 Year-over-year analysis

ADMIN24 AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue

approved 2018-07-30; registry 2018-08-04; journal 2018 869177

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADMIN24 AS. Revenue 929.4k NOK → 505.4k NOK (-45.6%). Equity -27.1k NOK → -46.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMIN24 AS.

Scorecard

Revenue
929.4k NOK 505.4k NOK
-45.6%
Operating result
-72.7k NOK n/m
—
Net result
-123.1k NOK n/m
—
Equity
-27.1k NOK -46.7k NOK
-72.3%
Cash
7 583 NOK 59.2k NOK
+681.0%
Total assets
15.9k NOK 1.20m NOK
+7485.9%

What improved

  • ↑

    Cash rose

    Bank deposits 7 583 NOK → 59.2k NOK (+681.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 929.4k NOK to 505.4k NOK (-45.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -27.1k NOK → -46.7k NOK (equity ratio -171.0% → -3.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 791.0k NOK → 113.8k NOK (-85.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 649.9k NOK → 988.2k NOK. Reported fact