Org.nr 995 475 154 2014 → 2015 Year-over-year analysis

ADMINISTRATOR SYSTEMS AS: årsregnskap 2015 vs 2014

Grew 16% on revenue

approved 2016-07-12; registry 2016-08-02; journal 2016 777748

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADMINISTRATOR SYSTEMS AS. Revenue 2.03m NOK → 2.35m NOK (+16.0%). Equity 985.5k NOK → 506.8k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

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

Scorecard

Revenue
2.03m NOK 2.35m NOK
+16.0%
Equity
985.5k NOK 506.8k NOK
-48.6%
Cash
387.8k NOK 1.41m NOK
+264.4%
Total assets
426.4k NOK 28.0k NOK
-93.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.03m NOK to 2.35m NOK (+16.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 387.8k NOK → 1.41m NOK (+264.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.94× → 3.30×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 985.5k NOK → 506.8k NOK (equity ratio 231.1% → 1810.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 150.9k NOK → 169.2k NOK (+12.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.0k NOK → 310.0k NOK. Reported fact