FirmaIQ
Org.nr 994 338 986 2012 → 2013 Year-over-year analysis

ADMINISTRATOR AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-06-30; registry 2014-08-30; journal 2014 730438

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADMINISTRATOR AS. Revenue 2.04m NOK → 2.01m NOK (-1.6%). Net result +2 013 NOK → +198.0k NOK. Equity 641.4k NOK → 484.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMINISTRATOR AS.

At a glance

Scorecard

Revenue
2.04m NOK 2.01m NOK
-1.6%
Operating result
+272.0k NOK +2 013 NOK
-99.3%
Net result
+2 013 NOK +198.0k NOK
+9736.1%
Equity
641.4k NOK 484.5k NOK
-24.5%
Cash
212.5k NOK 569.0k NOK
+167.8%
Total assets
9.20m NOK 11.37m NOK
+23.6%

What improved

  • ↑

    Net result improved

    Net result +2 013 NOK → +198.0k NOK (net margin 0.1% → 9.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 212.5k NOK → 569.0k NOK (+167.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.35m NOK → 1.27m NOK (66% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.04m NOK to 2.01m NOK (-1.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +272.0k NOK → +2 013 NOK (op. margin 13.3% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 641.4k NOK → 484.5k NOK (equity ratio 7.0% → 4.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation