Org.nr 923 148 442 2017 → 2018 Year-over-year analysis

ACTE AS: årsregnskap 2018 vs 2017

Shrank 6% on revenue

approved 2018-06-20; registry 2018-10-20; journal 2018 929923

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACTE AS. Revenue 61.46m NOK → 57.47m NOK (-6.5%). Equity 5.22m NOK → 5.17m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTE AS.

At a glance

Revenue

61.46m NOK 57.47m NOK

-6.5%

Operating result

n/m +2.49m NOK

—

Net result

n/m +1.44m NOK

—

Equity

5.22m NOK 5.17m NOK

-0.9%

Cash

11.4k NOK 1.70m NOK

+14841.8%

Total assets

26.78m NOK 23.35m NOK

-12.8%

↑
Cash rose

Bank deposits 11.4k NOK → 1.70m NOK (+14841.8% YoY). Calculated
↑
Payroll decreased

Salary cost 12.08m NOK → 8.84m NOK (20% → 15% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 61.46m NOK to 57.47m NOK (-6.5% YoY). Calculated
↓
Equity eroded

Book equity 5.22m NOK → 5.17m NOK (equity ratio 19.5% → 22.2%). Calculated

·
COGS fell

COGS / varekostnad 43.49m NOK → 39.77m NOK (-8.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 1.43m NOK → 823.7k NOK. Reported fact