ACTIWEIGHT LABS AS: årsregnskap 2018 vs 2017
Grew 86613% on revenue, stronger earnings, cash halved-plus
approved 2019-05-15; registry 2019-06-04; journal 2019 378992
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIWEIGHT LABS AS. Revenue 425 NOK → 368.5k NOK (+86613.4%). Net result -981.5k NOK → -546.6k NOK. Equity -628.9k NOK → -1.18m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACTIWEIGHT LABS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 425 NOK to 368.5k NOK (+86613.4% YoY). Calculated
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↑
Operating result improved
Operating result -967.2k NOK → -533.6k NOK (op. margin -227576.7% → -144.8%). Calculated
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↑
Net result improved
Net result -981.5k NOK → -546.6k NOK (net margin -230936.5% → -148.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -628.9k NOK → -1.18m NOK (equity ratio -112.2% → -663.4%). Calculated
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↓
Cash fell
Bank deposits 471.4k NOK → 55.1k NOK (-88.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -663.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.39m NOK → 1.90m NOK (327577% → 516% of revenue). Calculated