ACTIVE TOURS AS: årsregnskap 2017 vs 2016
Shrank 7% on revenue, weaker earnings
approved 2018-06-15; registry 2018-06-21; journal 2018 522667
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVE TOURS AS. Revenue 25.97m NOK → 24.20m NOK (-6.8%). Net result +61.3k NOK → +9 581 NOK. Equity 858.1k NOK → 867.6k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE TOURS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 858.1k NOK → 867.6k NOK (equity ratio 12.4% → 17.2%). Calculated
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↑
Cash rose
Bank deposits 1.72m NOK → 2.83m NOK (+63.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.28× → 1.20×. Calculated
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↑
Payroll decreased
Salary cost 129.0k NOK → 780 NOK (0% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 25.97m NOK to 24.20m NOK (-6.8% YoY). Calculated
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↓
Operating result weakened
Operating result +80.9k NOK → -32.5k NOK (op. margin 0.3% → -0.1%). Calculated
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↓
Net result weakened
Net result +61.3k NOK → +9 581 NOK (net margin 0.2% → 0.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 21.74m NOK → 20.24m NOK (-6.9% YoY). Calculated