ACTUS AS: årsregnskap 2017 vs 2016
Shrank 6% on revenue, weaker earnings
approved 2018-04-11; registry 2018-04-19; journal 2018 272466
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACTUS AS. Revenue 8.54m NOK → 8.01m NOK (-6.2%). Net result +635.7k NOK → +426.2k NOK. Equity 401.7k NOK → 400.0k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTUS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 636.3k NOK → 1.97m NOK (+210.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.19× → 1.04×. Calculated
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↑
Payroll decreased
Salary cost 4.61m NOK → 4.43m NOK (54% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.54m NOK to 8.01m NOK (-6.2% YoY). Calculated
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↓
Operating result weakened
Operating result +2.18m NOK → +1.61m NOK (op. margin 25.5% → 20.1%). Calculated
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↓
Net result weakened
Net result +635.7k NOK → +426.2k NOK (net margin 7.4% → 5.3%). Calculated
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↓
Equity eroded
Book equity 401.7k NOK → 400.0k NOK (equity ratio 10.5% → 16.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 825.5k NOK → 94.5k NOK (-88.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.59m NOK → 75.0k NOK. Reported fact