ACTIVEON AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2018-06-26; registry 2018-07-24; journal 2018 769129
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVEON AS. Revenue 16.9k NOK → 0 NOK (-100.0%). Net result +5.72m NOK → +11 NOK. Equity 6.71m NOK → 6.74m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACTIVEON AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.71m NOK → 6.74m NOK (equity ratio 39.2% → 19.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 16.9k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Net result weakened
Net result +5.72m NOK → +11 NOK. Calculated
-
↓
Cash fell
Bank deposits 10.38m NOK → 17.0k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.38m NOK → 17.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 1.00m NOK → 1 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 190.0k NOK. Reported fact