ACTION POTENTIAL AS: årsregnskap 2018 vs 2017
Shrank 75% on revenue, returned to profit
approved 2019-05-15; registry 2019-06-06; journal 2019 390186
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTION POTENTIAL AS. Revenue 709.7k NOK → 180.8k NOK (-74.5%). Net result -119.8k NOK → +135.2k NOK. Equity 1.09m NOK → 1.23m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTION POTENTIAL AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 119.8k NOK to a profit of 135.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 1.09m NOK → 1.23m NOK (equity ratio 98.7% → 93.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 709.7k NOK to 180.8k NOK (-74.5% YoY). Calculated
-
↓
Cash fell
Bank deposits 863.0k NOK → 630.8k NOK (-26.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 179.7k NOK → 538.4k NOK. Reported fact