ADMINISTRATOR SYSTEMS AS: årsregnskap 2020 vs 2019
Weaker earnings, fresh owner capital
approved 2021-03-25; registry 2021-06-10; journal 2021 284067
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMINISTRATOR SYSTEMS AS. Revenue 8.65m NOK → 8.80m NOK (+1.8%). Net result +564.5k NOK → +212.7k NOK. Equity 3.55m NOK → 3.77m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; 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
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.65m NOK to 8.80m NOK (+1.8% YoY). Calculated
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↑
Equity strengthened
Book equity 3.55m NOK → 3.77m NOK (equity ratio 69.6% → 74.6%). Calculated
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↑
Cash rose
Bank deposits 2.14m NOK → 2.15m NOK (+0.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 252.8k NOK → 1.25m NOK (+1.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +567.4k NOK → +529.2k NOK (op. margin 6.6% → 6.0%). Calculated
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↓
Net result weakened
Net result +564.5k NOK → +212.7k NOK (net margin 6.5% → 2.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.64m NOK → 3.21m NOK (+21.9% YoY). Calculated