Org.nr 913 422 074 2016 → 2017 Year-over-year analysis

ACTIVE EDUCATION AS: årsregnskap 2017 vs 2016

Shrank 15% on revenue

approved 2018-05-16; registry 2018-05-30; journal 2018 371525

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIVE EDUCATION AS. Revenue 8.01m NOK → 6.80m NOK (-15.1%). Equity 5.05m NOK → 5.18m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE EDUCATION AS.

At a glance

Revenue

8.01m NOK 6.80m NOK

-15.1%

Operating result

+2.41m NOK +160.5k NOK

-93.3%

Net result

n/m +132.5k NOK

—

Equity

5.05m NOK 5.18m NOK

+2.6%

Cash

8.75m NOK 8.63m NOK

-1.4%

Total assets

9.19m NOK 9.24m NOK

+0.6%

↑
Equity strengthened

Book equity 5.05m NOK → 5.18m NOK (equity ratio 55.0% → 56.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.01m NOK to 6.80m NOK (-15.1% YoY). Calculated
↓
Operating result weakened

Operating result +2.41m NOK → +160.5k NOK (op. margin 30.1% → 2.4%). Calculated
↓
Cash fell

Bank deposits 8.75m NOK → 8.63m NOK (-1.4% YoY). Calculated

·
COGS fell

COGS / varekostnad 948.5k NOK → 213.0k NOK (-77.5% YoY). Calculated