Org.nr 987 174 919 2016 → 2017 Year-over-year analysis

ACTIVE MANAGEMENT AS: årsregnskap 2017 vs 2016

Shrank 29% on revenue, stronger earnings

approved 2018-06-28; registry 2018-07-04; journal 2018 617425

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIVE MANAGEMENT AS. Revenue 2.51m NOK → 1.78m NOK (-29.3%). Net result +4 843 NOK → +809.2k NOK.

On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

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

At a glance

Revenue

2.51m NOK 1.78m NOK

-29.3%

Operating result

+1.60m NOK +272.8k NOK

-82.9%

Net result

+4 843 NOK +809.2k NOK

+16608.0%

Cash

96.2k NOK 124.6k NOK

+29.6%

Total assets

4.17m NOK 3.10m NOK

-25.7%

↑
Net result improved

Net result +4 843 NOK → +809.2k NOK (net margin 0.2% → 45.6%). Calculated
↑
Cash rose

Bank deposits 96.2k NOK → 124.6k NOK (+29.6% YoY). Calculated
↑
Payroll decreased

Salary cost 646.7k NOK → 4 NOK (26% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.51m NOK to 1.78m NOK (-29.3% YoY). Calculated
↓
Operating result weakened

Operating result +1.60m NOK → +272.8k NOK (op. margin 63.7% → 15.4%). Calculated

·
Book investments changed

Investment / intangible book value 192.5k NOK → 27.0k NOK. Reported fact