Org.nr 994 338 986 2017 → 2018 Year-over-year analysis

ADMINISTRATOR AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-06-05; registry 2019-08-05; journal 2019 866622

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADMINISTRATOR AS. Net result +22.99m NOK → -507.6k NOK. Equity 3.60m NOK → 3.09m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMINISTRATOR AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-61.8k NOK -47.1k NOK

+23.9%

Net result

+22.99m NOK -507.6k NOK

-102.2%

Equity

3.60m NOK 3.09m NOK

-14.1%

Cash

5 945 NOK 516 NOK

-91.3%

Total assets

3.61m NOK 3.15m NOK

-13.0%

↑
Operating result improved

Operating result -61.8k NOK → -47.1k NOK. Calculated

↓
Fell into a net loss

Net result flipped from 22.99m NOK profit to a loss of 507.6k NOK. Calculated
↓
Equity eroded

Book equity 3.60m NOK → 3.09m NOK (equity ratio 99.6% → 98.3%). Calculated
↓
Cash fell

Bank deposits 5 945 NOK → 516 NOK (-91.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 489.5k NOK → 3.14m NOK. Reported fact