ADMIN24 AS: årsregnskap 2018 vs 2017
Shrank 85% on revenue, cash halved-plus
approved 2019-08-14; registry 2019-08-24; journal 2019 928160
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADMIN24 AS. Revenue 505.4k NOK → 75.3k NOK (-85.1%). Equity -46.7k NOK → -41.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMIN24 AS.
At a glance
Scorecard
Revenue
505.4k NOK
75.3k NOK
-85.1%
Operating result
n/m
+6 360 NOK
—
Equity
-46.7k NOK
-41.6k NOK
+11.0%
Cash
59.2k NOK
8 835 NOK
-85.1%
Total assets
1.20m NOK
1.17m NOK
-2.7%
What improved
-
↑
Equity strengthened
Book equity -46.7k NOK → -41.6k NOK (equity ratio -3.9% → -3.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 505.4k NOK to 75.3k NOK (-85.1% YoY). Calculated
-
↓
Cash fell
Bank deposits 59.2k NOK → 8 835 NOK (-85.1% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 113.8k NOK → 46.9k NOK (-58.8% YoY). Calculated