Org.nr 913 422 074 2017 → 2018 Year-over-year analysis

ACTIVE EDUCATION AS: årsregnskap 2018 vs 2017

Grew 20% on revenue, stronger earnings

approved 2019-05-03; registry 2019-05-20; journal 2019 342347

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACTIVE EDUCATION AS. Revenue 6.80m NOK → 8.19m NOK (+20.4%). Net result +132.5k NOK → +759.6k NOK. Equity 5.18m NOK → 5.61m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVE EDUCATION AS.

Scorecard

Revenue
6.80m NOK 8.19m NOK
+20.4%
Operating result
+160.5k NOK n/m
—
Net result
+132.5k NOK +759.6k NOK
+473.1%
Equity
5.18m NOK 5.61m NOK
+8.2%
Cash
8.63m NOK 8.00m NOK
-7.3%
Total assets
9.24m NOK 10.69m NOK
+15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.80m NOK to 8.19m NOK (+20.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +132.5k NOK → +759.6k NOK (net margin 1.9% → 9.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.18m NOK → 5.61m NOK (equity ratio 56.1% → 52.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.63m NOK → 8.00m NOK (-7.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 213.0k NOK → 1.40m NOK (+558.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.4k NOK → 16.0k NOK. Reported fact