ADMINISTRATOR SYSTEMS AS: årsregnskap 2019 vs 2018
Grew 71% on revenue, stronger earnings, fresh owner capital
approved 2020-08-31; registry 2020-09-09; journal 2020 780762
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADMINISTRATOR SYSTEMS AS. Revenue 5.05m NOK → 8.65m NOK (+71.3%). Net result +268.6k NOK → +564.5k NOK. Equity 2.17m NOK → 3.55m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADMINISTRATOR SYSTEMS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.05m NOK to 8.65m NOK (+71.3% YoY). Calculated
-
↑
Net result improved
Net result +268.6k NOK → +564.5k NOK (net margin 5.3% → 6.5%). Calculated
-
↑
Equity strengthened
Book equity 2.17m NOK → 3.55m NOK (equity ratio 46.1% → 69.6%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 102.8k NOK → 252.8k NOK (+150.0k NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 2.25m NOK → 2.14m NOK (-5.1% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 331.7k NOK → 2.64m NOK (+695.1% YoY). Calculated