ACTIV TRANSPORT & FLYTTEBYRÅ AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-06-30; registry 2020-02-26; journal 2020 217870
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIV TRANSPORT & FLYTTEBYRÅ AS. Revenue 4.46m NOK → 4.53m NOK (+1.6%). Net result +133.9k NOK → -170.9k NOK. Equity -66.8k NOK → -237.7k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIV TRANSPORT & FLYTTEBYRÅ AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.46m NOK to 4.53m NOK (+1.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.24m NOK → 2.23m NOK (50% → 49% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +179.7k NOK → -214.8k NOK (op. margin 4.0% → -4.7%). Calculated
-
↓
Fell into a net loss
Net result flipped from 133.9k NOK profit to a loss of 170.9k NOK. Calculated
-
↓
Equity eroded
Book equity -66.8k NOK → -237.7k NOK (equity ratio -10.6% → -36.1%). Calculated
-
↓
Cash fell
Bank deposits 337.2k NOK → 288.9k NOK (-14.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -36.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation