ADMINDATA AS: årsregnskap 2017 vs 2016
Grew 20% on revenue, cash halved-plus
approved 2018-06-01; registry 2018-06-12; journal 2018 465612
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADMINDATA AS. Revenue 1.50m NOK → 1.80m NOK (+20.0%). Net result +3.47m NOK → +3.51m NOK. Equity 1.11m NOK → 2.62m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMINDATA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.50m NOK to 1.80m NOK (+20.0% YoY). Calculated
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↑
Equity strengthened
Book equity 1.11m NOK → 2.62m NOK (equity ratio 9.2% → 52.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 8.50m NOK → 1.19m NOK (-86.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.50m NOK → 1.19m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 669.4k NOK → 1.01m NOK (45% → 56% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 604.9k NOK → 606.7k NOK. Reported fact