ACTIVE DEAL INTERNATIONAL AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2018-04-04; registry 2018-05-26; journal 2018 362140
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVE DEAL INTERNATIONAL AS. Revenue 251.0k NOK → 251 NOK (-99.9%). Net result +104.4k NOK → -436.8k NOK. Equity 86.0k NOK → -350.8k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACTIVE DEAL INTERNATIONAL AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 251.0k NOK to 251 NOK (-99.9% YoY). Calculated
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Fell into a net loss
Net result flipped from 104.4k NOK profit to a loss of 436.8k NOK. Calculated
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↓
Equity eroded
Book equity 86.0k NOK → -350.8k NOK (equity ratio 0.7% → -1.2%). Calculated
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↓
Cash fell
Bank deposits 270.4k NOK → 15.8k NOK (-94.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 12.06m NOK → 29.47m NOK. Reported fact