ADMINISTRATOR SYSTEMS AS: årsregnskap 2011 vs 2010
Shrank 95% on revenue, slipped into loss, fresh owner capital
approved 2012-06-30; registry 2012-09-04; journal 2012 704899
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADMINISTRATOR SYSTEMS AS. Revenue 525.7k NOK → 26.3k NOK (-95.0%). Net result +3 NOK → -56.6k NOK. Equity 179.5k NOK → 122.9k NOK.
On the constructive side: operating result improved; cash rose; owners injected capital. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -223.7k NOK → -53.5k NOK (op. margin -42.5% → -203.6%). Calculated
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Cash rose
Bank deposits 4 224 NOK → 134.1k NOK (+3075.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 5 179 NOK → 122.9k NOK (+117.7k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 525.7k NOK to 26.3k NOK (-95.0% YoY). Calculated
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Fell into a net loss
Net result flipped from 3 NOK profit to a loss of 56.6k NOK. Calculated
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↓
Equity eroded
Book equity 179.5k NOK → 122.9k NOK (equity ratio 61.4% → 30.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 263 NOK → 593.2k NOK (0% → 2256% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 36.4k NOK → 258.0k NOK (+608.9% YoY). Calculated