ACTIC NORGE AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue
approved 2019-06-27; registry 2019-07-10; journal 2019 657027
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIC NORGE AS. Revenue 127.30m NOK → 119.49m NOK (-6.1%). Equity 60.74m NOK → 58.91m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIC NORGE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.18m NOK → 1.19m NOK (+0.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 2.21×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 127.30m NOK to 119.49m NOK (-6.1% YoY). Calculated
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↓
Equity eroded
Book equity 60.74m NOK → 58.91m NOK (equity ratio 71.4% → 63.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 825.2k NOK → 31.2k NOK (-96.2% YoY). Calculated