FirmaIQ
Org.nr 977 280 117 2016 → 2017 Year-over-year analysis

ACTIUM AS: årsregnskap 2017 vs 2016

Shrank 97% on revenue, stronger earnings

approved 2018-05-28; registry 2018-06-05; journal 2018 411364

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIUM AS. Revenue 665.2k NOK → 20.9k NOK (-96.9%). Net result -249.1k NOK → -37.3k NOK. Equity 1.65m NOK → 1.41m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
665.2k NOK 20.9k NOK
-96.9%
Operating result
-216.7k NOK +6 351 NOK
+102.9%
Net result
-249.1k NOK -37.3k NOK
+85.0%
Equity
1.65m NOK 1.41m NOK
-14.4%
Cash
1.75m NOK 1.56m NOK
-10.4%
Total assets
1.79m NOK 1.57m NOK
-12.4%

What improved

  • ↑

    Operating result improved

    Operating result -216.7k NOK → +6 351 NOK (op. margin -32.6% → 30.4%). Calculated

  • ↑

    Net result improved

    Net result -249.1k NOK → -37.3k NOK (net margin -37.4% → -178.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 665.2k NOK to 20.9k NOK (-96.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.65m NOK → 1.41m NOK (equity ratio 92.0% → 89.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.75m NOK → 1.56m NOK (-10.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 557.1k NOK (0% → 2664% of revenue). Calculated