Org.nr 995 475 154 2022 → 2023 Year-over-year analysis

ADMINISTRATOR SYSTEMS AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-10; registry 2024-06-20; journal 2024 501103

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADMINISTRATOR SYSTEMS AS. Revenue 7.55m NOK → 7.56m NOK (+0.1%). Net result -314.6k NOK → -570.9k NOK. Equity 3.63m NOK → 3.06m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
7.55m NOK 7.56m NOK
+0.1%
Operating result
-85.2k NOK -694.0k NOK
-714.3%
Net result
-314.6k NOK -570.9k NOK
-81.4%
Equity
3.63m NOK 3.06m NOK
-15.7%
Cash
2.41m NOK 1.84m NOK
-23.7%
Total assets
4.70m NOK 4.08m NOK
-13.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.55m NOK to 7.56m NOK (+0.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -85.2k NOK → -694.0k NOK (op. margin -1.1% → -9.2%). Calculated

  • ↓

    Net result weakened

    Net result -314.6k NOK → -570.9k NOK (net margin -4.2% → -7.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.63m NOK → 3.06m NOK (equity ratio 77.2% → 75.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.41m NOK → 1.84m NOK (-23.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.87m NOK → 2.94m NOK (+2.3% YoY). Calculated