ADMINS AS: årsregnskap 2018 vs 2017
Shrank 45% on revenue, weaker earnings
approved 2019-01-19; registry 2019-01-26; journal 2019 203232
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADMINS AS. Revenue 491.8k NOK → 272.5k NOK (-44.6%). Net result +146.0k NOK → +23.2k NOK. Equity 311.4k NOK → 234.6k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMINS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 491.8k NOK to 272.5k NOK (-44.6% YoY). Calculated
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↓
Operating result weakened
Operating result +185.8k NOK → +29.3k NOK (op. margin 37.8% → 10.7%). Calculated
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↓
Net result weakened
Net result +146.0k NOK → +23.2k NOK (net margin 29.7% → 8.5%). Calculated
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↓
Equity eroded
Book equity 311.4k NOK → 234.6k NOK (equity ratio 84.1% → 66.6%). Calculated
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↓
Cash fell
Bank deposits 353.3k NOK → 338.8k NOK (-4.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 196.3k NOK → 138.2k NOK (-29.6% YoY). Calculated