Org.nr 916 130 791 2016 → 2017 Year-over-year analysis

ACTIWEIGHT LABS AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue

approved 2018-05-23; registry 2018-06-02; journal 2018 387013

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACTIWEIGHT LABS AS. Revenue 245.0k NOK → 425 NOK (-99.8%). Equity 352.6k NOK → -628.9k NOK.

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

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

At a glance

Revenue

245.0k NOK 425 NOK

-99.8%

Operating result

n/m -967.2k NOK

—

Net result

n/m -981.5k NOK

—

Equity

352.6k NOK -628.9k NOK

-278.4%

Cash

401.7k NOK 471.4k NOK

+17.3%

Total assets

401.7k NOK 560.6k NOK

+39.5%

↓
Revenue fell

Operating income / revenue moved from 245.0k NOK to 425 NOK (-99.8% YoY). Calculated
↓
Equity eroded

Book equity 352.6k NOK → -628.9k NOK (equity ratio 87.8% → -112.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 8.18× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 1.37m NOK → 1.39m NOK (559% → 327577% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -112.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation