ADMINPARTNER AS: årsregnskap 2018 vs 2017
Shrank 41% on revenue, stronger earnings
approved 2019-08-25; registry 2019-08-28; journal 2019 930367
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADMINPARTNER AS. Revenue 1.68m NOK → 995.6k NOK (-40.8%). Net result +139.1k NOK → +180.8k NOK. Equity 680.4k NOK → 861.2k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMINPARTNER AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +139.1k NOK → +180.8k NOK (net margin 8.3% → 18.2%). Calculated
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↑
Equity strengthened
Book equity 680.4k NOK → 861.2k NOK (equity ratio 391.1% → 72.3%). Calculated
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↑
Cash rose
Bank deposits 21.0k NOK → 125.8k NOK (+500.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.67× → 1.50×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.68m NOK to 995.6k NOK (-40.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 45.0k NOK → 26.9k NOK (-40.3% YoY). Calculated