ACTIVE AUTO AS: årsregnskap 2017 vs 2016
Shrank 17% on revenue, slipped into loss
approved 2018-06-30; registry 2018-08-04; journal 2018 855315
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVE AUTO AS. Revenue 13.60m NOK → 11.24m NOK (-17.4%). Net result +377.3k NOK → -825.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTIVE AUTO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 556.2k NOK → 831.1k NOK (+49.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.60m NOK to 11.24m NOK (-17.4% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 377.3k NOK profit to a loss of 825.1k NOK. Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.11m NOK → 1.56m NOK (8% → 14% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.56m NOK → 9.18m NOK (-13.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 136.0k NOK → 144.1k NOK. Reported fact