ACTIVA EIENDOM AS: årsregnskap 2019 vs 2018
Shrank 38% on revenue
approved 2020-08-31; registry 2020-10-03; journal 2020 900835
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIVA EIENDOM AS. Revenue 7.43m NOK → 4.60m NOK (-38.1%). Equity 4.28m NOK → 3.64m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTIVA EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 8 945 NOK → 829.4k NOK (+9172.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 10.45×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.43m NOK to 4.60m NOK (-38.1% YoY). Calculated
-
↓
Equity eroded
Book equity 4.28m NOK → 3.64m NOK (equity ratio 41.7% → 32.8%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 237.0k NOK → 895.0k NOK (3% → 19% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 5.33m NOK → 3.14m NOK (-41.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 483.5k NOK → 15.0k NOK. Reported fact