Org.nr 879 438 462 2017 → 2018 Year-over-year analysis

ACTIC NORGE AS: årsregnskap 2018 vs 2017

Shrank 6% on revenue

approved 2019-06-27; registry 2019-07-10; journal 2019 657027

Full company analysis · All year comparisons

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.

Scorecard

Revenue
127.30m NOK 119.49m NOK
-6.1%
Equity
60.74m NOK 58.91m NOK
-3.0%
Cash
1.18m NOK 1.19m NOK
+0.7%
Total assets
85.03m NOK 92.16m NOK
+8.4%

What improved

  • ↑

    Cash rose

    Bank deposits 1.18m NOK → 1.19m NOK (+0.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.05× → 2.21×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 127.30m NOK to 119.49m NOK (-6.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 60.74m NOK → 58.91m NOK (equity ratio 71.4% → 63.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 825.2k NOK → 31.2k NOK (-96.2% YoY). Calculated