ACTIVA EIENDOM AS: årsregnskap 2017 vs 2016
Shrank 33% on revenue, cash halved-plus
approved 2018-06-28; registry 2018-08-06; journal 2018 864971
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVA EIENDOM AS. Revenue 21.16m NOK → 14.24m NOK (-32.7%). Net result +2.00m NOK → +2.07m NOK. Equity 639.2k NOK → 4.01m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ACTIVA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 639.2k NOK → 4.01m NOK (equity ratio 3.2% → 37.6%). Calculated
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↑
Payroll decreased
Salary cost 1.78m NOK → 843.1k NOK (8% → 6% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 21.16m NOK to 14.24m NOK (-32.7% YoY). Calculated
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↓
Operating result weakened
Operating result +3.52m NOK → +3.39m NOK (op. margin 16.6% → 23.8%). Calculated
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↓
Cash fell
Bank deposits 1.63m NOK → 36.6k NOK (-97.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.82× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.63m NOK → 36.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 16.28m NOK → 9.47m NOK (-41.8% YoY). Calculated