ACTIVITY CONSULT FOLDVIK & ANDERSEN AS: årsregnskap 2017 vs 2016
Shrank 56% on revenue, slipped into loss
approved 2018-07-24; registry 2018-07-26; journal 2018 805362
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS. Revenue 240.3k NOK → 104.7k NOK (-56.5%). Net result +2 016 NOK → -24.5k NOK. Equity -125.5k NOK → -150.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 7 694 NOK → 10.8k NOK (+39.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 240.3k NOK to 104.7k NOK (-56.5% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 2 016 NOK profit to a loss of 24.5k NOK. Calculated
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↓
Equity eroded
Book equity -125.5k NOK → -150.0k NOK (equity ratio -418.3% → -651.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -651.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation