ACTUS AS: årsregnskap 2018 vs 2017
Grew 15% on revenue
approved 2019-03-14; registry 2019-04-02; journal 2019 262211
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTUS AS. Revenue 8.01m NOK → 9.23m NOK (+15.2%). Equity 400.0k NOK → 100.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACTUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.01m NOK to 9.23m NOK (+15.2% YoY). Calculated
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↑
Cash rose
Bank deposits 1.97m NOK → 2.59m NOK (+31.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 400.0k NOK → 100.0k NOK (equity ratio 16.0% → 2.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4.43m NOK → 4.48m NOK (55% → 49% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 94.5k NOK → 1.57m NOK (+1558.9% YoY). Calculated