ACTIVE PLUSS AS: årsregnskap 2017 vs 2016
Grew 466% on revenue
approved 2018-06-30; registry 2018-07-19; journal 2018 739857
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVE PLUSS AS. Revenue 95.5k NOK → 541.0k NOK (+466.4%). Net result -264.2k NOK → -280.6k NOK. Equity 392.5k NOK → 111.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVE PLUSS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 95.5k NOK to 541.0k NOK (+466.4% YoY). Calculated
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↑
Cash rose
Bank deposits 4 585 NOK → 23.2k NOK (+406.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -64.3k NOK → -240.4k NOK (op. margin -67.3% → -44.4%). Calculated
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↓
Net result weakened
Net result -264.2k NOK → -280.6k NOK (net margin -276.7% → -51.9%). Calculated
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↓
Equity eroded
Book equity 392.5k NOK → 111.8k NOK (equity ratio 7.9% → 2.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 516.02× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation