ADMINISTRASJONSPARTNER AS: årsregnskap 2020 vs 2019
Shrank 13% on revenue, cash halved-plus
approved 2021-06-30; registry 2021-08-23; journal 2021 662188
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMINISTRASJONSPARTNER AS. Revenue 94.0k NOK → 82.1k NOK (-12.7%). Net result +198.9k NOK → +162.5k NOK. Equity 2.70m NOK → 2.86m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMINISTRASJONSPARTNER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.70m NOK → 2.86m NOK (equity ratio 862.7% → 99.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 94.0k NOK to 82.1k NOK (-12.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +22.9k NOK → +8 593 NOK (op. margin 24.4% → 10.5%). Calculated
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↓
Net result weakened
Net result +198.9k NOK → +162.5k NOK (net margin 211.6% → 197.9%). Calculated
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↓
Cash fell
Bank deposits 553.1k NOK → 7 760 NOK (-98.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 98.3k NOK → 40.9k NOK (-58.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 493.9k NOK → 1.49m NOK. Reported fact