FirmaIQ
Org.nr 995 475 154 2016 → 2017 Year-over-year analysis

ADMINISTRATOR SYSTEMS AS: årsregnskap 2017 vs 2016

Grew 13% on revenue, weaker earnings

approved 2018-06-27; registry 2018-07-02; journal 2018 608130

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADMINISTRATOR SYSTEMS AS. Revenue 2.72m NOK → 3.08m NOK (+13.1%). Net result +871.9k NOK → +625.7k NOK. Equity 1.78m NOK → 2.10m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

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

At a glance

Scorecard

Revenue
2.72m NOK 3.08m NOK
+13.1%
Net result
+871.9k NOK +625.7k NOK
-28.2%
Equity
1.78m NOK 2.10m NOK
+18.3%
Cash
1.51m NOK 1.63m NOK
+8.5%
Total assets
2.71m NOK 2.94m NOK
+8.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.72m NOK to 3.08m NOK (+13.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.78m NOK → 2.10m NOK (equity ratio 65.6% → 71.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.51m NOK → 1.63m NOK (+8.5% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +871.9k NOK → +625.7k NOK (net margin 32.0% → 20.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 192.2k NOK → 392.5k NOK (+104.2% YoY). Calculated