ACTIVE HOUSE AS: årsregnskap 2016 vs 2015
Grew 98% on revenue
approved 2017-06-26; registry 2017-07-12; journal 2017 682887
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACTIVE HOUSE AS. Revenue 5 500 NOK → 10.9k NOK (+98.2%). Equity 31.8k NOK → -398.0k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVE HOUSE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5 500 NOK to 10.9k NOK (+98.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 31.8k NOK → -398.0k NOK (equity ratio 7.2% → -2244.7%). Calculated
-
↓
Cash fell
Bank deposits 32.3k NOK → 16.2k NOK (-49.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2244.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation