Org.nr 999 552 560 2017 → 2018 Year-over-year analysis

ACTIVA EIENDOM AS: årsregnskap 2018 vs 2017

Shrank 48% on revenue, cash halved-plus

approved 2019-07-29; registry 2019-08-06; journal 2019 872222

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACTIVA EIENDOM AS. Revenue 14.24m NOK → 7.43m NOK (-47.8%). Equity 4.01m NOK → 4.28m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTIVA EIENDOM AS.

At a glance

Revenue

14.24m NOK 7.43m NOK

-47.8%

Operating result

+3.39m NOK n/m

—

Net result

+2.07m NOK n/m

—

Equity

4.01m NOK 4.28m NOK

+6.7%

Cash

36.6k NOK 8 945 NOK

-75.6%

Total assets

10.68m NOK 10.28m NOK

-3.8%

↑
Equity strengthened

Book equity 4.01m NOK → 4.28m NOK (equity ratio 37.6% → 41.7%). Calculated
↑
Payroll decreased

Salary cost 843.1k NOK → 237.0k NOK (6% → 3% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 14.24m NOK to 7.43m NOK (-47.8% YoY). Calculated
↓
Cash fell

Bank deposits 36.6k NOK → 8 945 NOK (-75.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 9.47m NOK → 5.33m NOK (-43.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 60.0k NOK → 483.5k NOK. Reported fact