ADMINISTRATIV REGNSKAPSSERVICE AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue
approved 2021-03-16; registry 2021-03-27; journal 2021 169092
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMINISTRATIV REGNSKAPSSERVICE AS. Revenue 10.47m NOK → 9.85m NOK (-5.9%). Equity 849.4k NOK → 858.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
10.47m NOK
9.85m NOK
-5.9%
Operating result
n/m
+405.7k NOK
—
Net result
n/m
+309.2k NOK
—
Equity
849.4k NOK
858.6k NOK
+1.1%
Cash
1.98m NOK
1.34m NOK
-32.2%
Total assets
3.34m NOK
2.89m NOK
-13.6%
What improved
-
↑
Equity strengthened
Book equity 849.4k NOK → 858.6k NOK (equity ratio 25.4% → 29.8%). Calculated
-
↑
Payroll decreased
Salary cost 7.71m NOK → 7.63m NOK (74% → 77% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.47m NOK to 9.85m NOK (-5.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 1.98m NOK → 1.34m NOK (-32.2% YoY). Calculated