ACTIV HOLDING AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-08-31; registry 2021-10-09; journal 2021 794315
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIV HOLDING AS. Revenue 37.5k NOK → 37.5k NOK (0.0%). Net result -68.5k NOK → +7.12m NOK.
On the constructive side: operating result improved; turned profitable; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTIV HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -68.9k NOK → -58.7k NOK (op. margin -183.8% → -156.5%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 68.5k NOK to a profit of 7.12m NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.47× → 2.30×. Calculated
-
↑
Payroll decreased
Salary cost 3 237 NOK → -25.5k NOK (9% → -68% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 9 031 NOK → 1 719 NOK (-81.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1.54m NOK → 789.2k NOK. Reported fact