ACTIVE AUTO AS: årsregnskap 2018 vs 2017
Stronger earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-18; journal 2019 738848
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIVE AUTO AS. Revenue 11.24m NOK → 11.63m NOK (+3.4%). Net result -825.1k NOK → -230.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACTIVE AUTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.24m NOK to 11.63m NOK (+3.4% YoY). Calculated
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↑
Net result improved
Net result -825.1k NOK → -230.0k NOK (net margin -7.3% → -2.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 831.1k NOK → 4 746 NOK (-99.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.56m NOK → 2.12m NOK (14% → 18% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 9.18m NOK → 8.43m NOK (-8.1% YoY). Calculated