FirmaIQ
Org.nr 995 475 154 2021 → 2022 Year-over-year analysis

ADMINISTRATOR SYSTEMS AS: årsregnskap 2022 vs 2021

Shrank 6% on revenue, slipped into loss

approved 2023-05-29; registry 2023-06-08; journal 2023 445986

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADMINISTRATOR SYSTEMS AS. Revenue 8.02m NOK → 7.55m NOK (-5.9%). Net result +176.9k NOK → -314.6k NOK. Equity 3.94m NOK → 3.63m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
8.02m NOK 7.55m NOK
-5.9%
Operating result
-296.0k NOK -85.2k NOK
+71.2%
Net result
+176.9k NOK -314.6k NOK
-277.8%
Equity
3.94m NOK 3.63m NOK
-8.0%
Cash
2.82m NOK 2.41m NOK
-14.6%
Total assets
4.92m NOK 4.70m NOK
-4.6%

What improved

  • ↑

    Operating result improved

    Operating result -296.0k NOK → -85.2k NOK (op. margin -3.7% → -1.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.02m NOK to 7.55m NOK (-5.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 176.9k NOK profit to a loss of 314.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.94m NOK → 3.63m NOK (equity ratio 80.1% → 77.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.82m NOK → 2.41m NOK (-14.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.91m NOK → 2.87m NOK (-1.1% YoY). Calculated