ACTOR AS: årsregnskap 2017 vs 2016
Grew 31% on revenue, stronger earnings, cash halved-plus
approved 2018-02-10; registry 2018-03-17; journal 2018 233484
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTOR AS. Revenue 2.85m NOK → 3.72m NOK (+30.6%). Net result +393.3k NOK → +546.3k NOK. Equity 613.1k NOK → 159.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.85m NOK to 3.72m NOK (+30.6% YoY). Calculated
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↑
Operating result improved
Operating result +524.1k NOK → +711.8k NOK (op. margin 18.4% → 19.1%). Calculated
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↑
Net result improved
Net result +393.3k NOK → +546.3k NOK (net margin 13.8% → 14.7%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 613.1k NOK → 159.4k NOK (equity ratio 633.1% → 10.1%). Calculated
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↓
Cash fell
Bank deposits 703.6k NOK → 283.7k NOK (-59.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.57× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.46m NOK → 1.82m NOK (51% → 49% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 499.2k NOK → 810.0k NOK (+62.3% YoY). Calculated