ADMINISTRATOR SYSTEMS AS: årsregnskap 2014 vs 2013
Grew 8% on revenue, cash halved-plus
approved 2015-06-14; registry 2015-06-27; journal 2015 525571
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADMINISTRATOR SYSTEMS AS. Revenue 1.87m NOK → 2.03m NOK (+8.3%). Equity 669.7k NOK → 985.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. 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 1.87m NOK to 2.03m NOK (+8.3% YoY). Calculated
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↑
Equity strengthened
Book equity 669.7k NOK → 985.5k NOK (equity ratio 63.8% → 231.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 930.5k NOK → 387.8k NOK (-58.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.61× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 106.5k NOK → 150.9k NOK (+41.8% YoY). Calculated