Yeah there is no active directory and the credentials are saved in the credential manager.
If you are absolutely certain it is a local user account on the server and it is not using Active Directory, then gain physical access to the server, boot it into safe mode, and use the Command prompt to reset the local admin account on the server.
You could even boot into safe mode on the server, add a new user if you are worried about the old user account.
Code:
net user [new_username] [password] /add
net localgroup Administrators [new_username] /add