ACTIV INVEST AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-04-26; registry 2019-06-05; journal 2019 377990
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIV INVEST AS. Net result -141.4k NOK → -181.4k NOK. Equity 73.2k NOK → -108.2k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIV INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 976.0k NOK → 977.0k NOK (+0.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -3 950 NOK → -4 636 NOK. Calculated
-
↓
Net result weakened
Net result -141.4k NOK → -181.4k NOK. Calculated
-
↓
Equity eroded
Book equity 73.2k NOK → -108.2k NOK (equity ratio 16.8% → -41.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -41.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation