ADMINISTRATOR SYSTEMS AS: årsregnskap 2012 vs 2011
Grew 7643% on revenue, cash halved-plus, fresh owner capital
approved 2013-06-04; registry 2013-06-17; journal 2013 457103
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADMINISTRATOR SYSTEMS AS. Revenue 26.3k NOK → 2.04m NOK (+7643.4%). Equity 122.9k NOK → 510.2k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMINISTRATOR SYSTEMS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 26.3k NOK to 2.04m NOK (+7643.4% YoY). Calculated
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↑
Equity strengthened
Book equity 122.9k NOK → 510.2k NOK (equity ratio 30.6% → 312.3%). Calculated
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↑
Owners injected capital
Paid-in equity rose 122.9k NOK → 402.8k NOK (+279.9k NOK). Reported fact
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↑
Payroll decreased
Salary cost 593.2k NOK → 1 NOK (2256% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 134.1k NOK → 43.1k NOK (-67.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.44× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 258.0k NOK → 137.0k NOK (-46.9% YoY). Calculated