FirmaIQ
Org.nr 987 337 605 2018 → 2019 Year-over-year analysis

ADMINISTRASJONSVEIEN 1 AS: årsregnskap 2019 vs 2018

Shrank 79% on revenue, stronger earnings, cash halved-plus

approved 2020-11-16; registry 2020-11-18; journal 2020 969213

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADMINISTRASJONSVEIEN 1 AS. Revenue 1.20m NOK → 250.0k NOK (-79.2%). Net result -848.2k NOK → -114.2k NOK. Equity 3.20m NOK → 3.08m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.20m NOK 250.0k NOK
-79.2%
Operating result
+915.7k NOK +95.3k NOK
-89.6%
Net result
-848.2k NOK -114.2k NOK
+86.5%
Equity
3.20m NOK 3.08m NOK
-3.6%
Cash
232.3k NOK 90.2k NOK
-61.2%
Total assets
10.65m NOK 10.15m NOK
-4.7%

What improved

  • ↑

    Net result improved

    Net result -848.2k NOK → -114.2k NOK (net margin -70.7% → -45.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.20m NOK to 250.0k NOK (-79.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +915.7k NOK → +95.3k NOK (op. margin 76.3% → 38.1%). Calculated

  • ↓

    Equity eroded

    Book equity 3.20m NOK → 3.08m NOK (equity ratio 30.0% → 30.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 232.3k NOK → 90.2k NOK (-61.2% YoY). Calculated