ADMINISTRATIV REGNSKAPSSERVICE AS: årsregnskap 2019 vs 2018
Shrank 74% on revenue
approved 2020-03-11; registry 2020-03-28; journal 2020 261825
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADMINISTRATIV REGNSKAPSSERVICE AS. Revenue 40.13m NOK → 10.47m NOK (-73.9%). Equity 538.2k NOK → 849.4k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
40.13m NOK
10.47m NOK
-73.9%
Operating result
+632.3k NOK
n/m
—
Net result
+384.8k NOK
n/m
—
Equity
538.2k NOK
849.4k NOK
+57.8%
Cash
1 779 NOK
1.98m NOK
+111397.0%
Total assets
2.97m NOK
3.34m NOK
+12.4%
What improved
-
↑
Equity strengthened
Book equity 538.2k NOK → 849.4k NOK (equity ratio 18.1% → 25.4%). Calculated
-
↑
Cash rose
Bank deposits 1 779 NOK → 1.98m NOK (+111397.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 40.13m NOK to 10.47m NOK (-73.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 7.71m NOK (0% → 74% of revenue). Calculated