FirmaIQ
Org.nr 995 475 154 2017 → 2018 Year-over-year analysis

ADMINISTRATOR SYSTEMS AS: årsregnskap 2018 vs 2017

Grew 64% on revenue, weaker earnings

approved 2019-02-11; registry 2019-02-13; journal 2019 208415

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADMINISTRATOR SYSTEMS AS. Revenue 3.08m NOK → 5.05m NOK (+63.9%). Net result +625.7k NOK → +268.6k NOK. Equity 2.10m NOK → 2.17m NOK.

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

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

At a glance

Scorecard

Revenue
3.08m NOK 5.05m NOK
+63.9%
Net result
+625.7k NOK +268.6k NOK
-57.1%
Equity
2.10m NOK 2.17m NOK
+3.3%
Cash
1.63m NOK 2.25m NOK
+38.0%
Total assets
2.94m NOK 4.71m NOK
+60.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.08m NOK to 5.05m NOK (+63.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.10m NOK → 2.17m NOK (equity ratio 71.5% → 46.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.63m NOK → 2.25m NOK (+38.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +625.7k NOK → +268.6k NOK (net margin 20.3% → 5.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 392.5k NOK → 331.7k NOK (-15.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.0k NOK → 4 400 NOK. Reported fact