Org.nr 913 407 067 2016 → 2017 Year-over-year analysis

ACTIVEPEOPLE NORWAY AS: årsregnskap 2017 vs 2016

Grew 163% on revenue

approved 2018-04-20; registry 2018-07-17; journal 2018 698154

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIVEPEOPLE NORWAY AS. Revenue 1.81m NOK → 4.76m NOK (+162.9%). Equity 371.8k NOK → 630.1k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACTIVEPEOPLE NORWAY AS.

Scorecard

Revenue
1.81m NOK 4.76m NOK
+162.9%
Equity
371.8k NOK 630.1k NOK
+69.5%
Cash
906.1k NOK 572.9k NOK
-36.8%
Total assets
799.0k NOK 112.0k NOK
-86.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.81m NOK to 4.76m NOK (+162.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 371.8k NOK → 630.1k NOK (equity ratio 46.5% → 562.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 906.1k NOK → 572.9k NOK (-36.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.80× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.06m NOK → 4.25m NOK (114% → 89% of revenue). Calculated