ACTIVE ADVENTURE TRAVEL AS: årsregnskap 2016 vs 2015
Grew 3808% on revenue
approved 2017-05-12; registry 2017-05-30; journal 2017 361820
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACTIVE ADVENTURE TRAVEL AS. Revenue 23.4k NOK → 914.0k NOK (+3807.7%). Equity 17.8k NOK → -2 816 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVE ADVENTURE TRAVEL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.4k NOK to 914.0k NOK (+3807.7% YoY). Calculated
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↑
Cash rose
Bank deposits 498.3k NOK → 548.9k NOK (+10.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 17.8k NOK → -2 816 NOK (equity ratio 3.4% → -0.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation