FirmaIQ
Org.nr 979 966 520 2017 → 2018 Year-over-year analysis

ACTIVE PARTNER AS: årsregnskap 2018 vs 2017

Grew 183% on revenue, weaker earnings

approved 2019-05-16; registry 2019-06-18; journal 2019 463335

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACTIVE PARTNER AS. Revenue 3.07m NOK → 8.69m NOK (+182.9%). Net result +13.77m NOK → +770.0k NOK. Equity 15.55m NOK → 8.36m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACTIVE PARTNER AS.

At a glance

Scorecard

Revenue
3.07m NOK 8.69m NOK
+182.9%
Operating result
+60.0k NOK +564.5k NOK
+840.8%
Net result
+13.77m NOK +770.0k NOK
-94.4%
Equity
15.55m NOK 8.36m NOK
-46.2%
Cash
5.21m NOK 2.95m NOK
-43.3%
Total assets
16.23m NOK 8.79m NOK
-45.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.07m NOK to 8.69m NOK (+182.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +60.0k NOK → +564.5k NOK (op. margin 2.0% → 6.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +13.77m NOK → +770.0k NOK (net margin 448.1% → 8.9%). Calculated

  • ↓

    Equity eroded

    Book equity 15.55m NOK → 8.36m NOK (equity ratio 95.8% → 95.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.21m NOK → 2.95m NOK (-43.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 804.5k NOK → 7.63bn NOK (26% → 87733% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.59bn NOK → 6.90m NOK (-99.6% YoY). Calculated