Org.nr 998 463 378 2016 → 2017 Year-over-year analysis

ACTIVE MARINE AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue

approved 2018-03-08; registry 2018-03-22; journal 2018 242035

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIVE MARINE AS. Revenue 1.21m NOK → 1 212 NOK (-99.9%). Net result +5 296 NOK → +13.7k NOK. Equity 100.0k NOK → 10 NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVE MARINE AS.

Scorecard

Revenue
1.21m NOK 1 212 NOK
-99.9%
Operating result
+6 437 NOK -18.0k NOK
-380.0%
Net result
+5 296 NOK +13.7k NOK
+159.2%
Equity
100.0k NOK 10 NOK
-100.0%
Cash
262.4k NOK 193.7k NOK
-26.2%
Total assets
264.8k NOK 197.8k NOK
-25.3%

What improved

  • ↑

    Net result improved

    Net result +5 296 NOK → +13.7k NOK (net margin 0.4% → 1132.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.21m NOK to 1 212 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6 437 NOK → -18.0k NOK (op. margin 0.5% → -1487.2%). Calculated

  • ↓

    Equity eroded

    Book equity 100.0k NOK → 10 NOK (equity ratio 37.8% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 262.4k NOK → 193.7k NOK (-26.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation