Org.nr 998 489 571 2018 → 2019 Year-over-year analysis

ACTIVETAINMENT AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-10-16; registry 2020-10-21; journal 2020 959637

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACTIVETAINMENT AS. Revenue 48.5k NOK → 48.5k NOK (0.0%). Equity 2.94m NOK → -3.53m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVETAINMENT AS.

At a glance

Revenue

48.5k NOK 48.5k NOK

0.0%

Operating result

n/m -6.47m NOK

—

Net result

n/m -6.48m NOK

—

Equity

2.94m NOK -3.53m NOK

-220.1%

Cash

156.9k NOK 183.3k NOK

+16.8%

Total assets

6.19m NOK 587.0k NOK

-90.5%

↑
Cash rose

Bank deposits 156.9k NOK → 183.3k NOK (+16.8% YoY). Calculated
↑
Payroll decreased

Salary cost 3.82m NOK → 8 822 NOK (7884% → 18% of revenue). Calculated

↓
Equity eroded

Book equity 2.94m NOK → -3.53m NOK (equity ratio 47.5% → -601.9%). Calculated

·
Thin equity buffer

Equity ratio is -601.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation