Org.nr 915 478 484 2016 → 2017 Year-over-year analysis

ACTIVITY HOLDING AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-05-25; registry 2018-07-19; journal 2018 733569

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIVITY HOLDING AS. Equity 63.8k NOK → -143.3k NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACTIVITY HOLDING AS.

At a glance

Operating result

n/m -44.1k NOK

—

Net result

+35.4k NOK n/m

—

Equity

63.8k NOK -143.3k NOK

-324.8%

Cash

48.8k NOK 24.1k NOK

-50.7%

Total assets

710.3k NOK 500.7k NOK

-29.5%

↓
Equity eroded

Book equity 63.8k NOK → -143.3k NOK (equity ratio 9.0% → -28.6%). Calculated
↓
Cash fell

Bank deposits 48.8k NOK → 24.1k NOK (-50.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 3.25× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -28.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 661.5k NOK → 1 500 NOK. Reported fact