ACTIVATE AS: årsregnskap 2017 vs 2016
Grew 11% on revenue, stronger earnings
approved 2018-06-04; registry 2018-06-15; journal 2018 483468
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVATE AS. Revenue 7.10m NOK → 7.85m NOK (+10.5%). Net result +1 957 NOK → +88.3k NOK. Equity 204.2k NOK → 292.5k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVATE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.10m NOK to 7.85m NOK (+10.5% YoY). Calculated
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Net result improved
Net result +1 957 NOK → +88.3k NOK (net margin 0.0% → 1.1%). Calculated
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↑
Equity strengthened
Book equity 204.2k NOK → 292.5k NOK (equity ratio 5.7% → 8.6%). Calculated
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Cash rose
Bank deposits 217.3k NOK → 676.4k NOK (+211.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.71m NOK → 9.45m NOK (24% → 120% of revenue). Calculated
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COGS moved
COGS / varekostnad 4.12m NOK → 4.80m NOK (+16.5% YoY). Calculated