ACTIVE MARINE AS: årsregnskap 2018 vs 2017
Grew 15% on revenue, stronger earnings
approved 2019-05-20; registry 2019-06-12; journal 2019 411546
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIVE MARINE AS. Revenue 1 212 NOK → 1 395 NOK (+15.1%). Net result +13.7k NOK → +426.7k NOK. Equity 10 NOK → 11.51m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTIVE MARINE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 212 NOK to 1 395 NOK (+15.1% YoY). Calculated
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Operating result improved
Operating result -18.0k NOK → +550.5k NOK (op. margin -1487.2% → 39459.3%). Calculated
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Net result improved
Net result +13.7k NOK → +426.7k NOK (net margin 1132.4% → 30584.7%). Calculated
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Equity strengthened
Book equity 10 NOK → 11.51m NOK (equity ratio 0.0% → 25856.6%). Calculated
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Cash rose
Bank deposits 193.7k NOK → 604.0k NOK (+211.8% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.74× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 400 NOK → 4 220 NOK. Reported fact