ADV INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-09-25; registry 2020-10-01; journal 2020 891118
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADV INVEST AS. Net result -19.0k NOK → -1 192 NOK. Equity -2.15m NOK → -2.16m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADV INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -18.7k NOK → -1 200 NOK. Calculated
-
↑
Net result improved
Net result -19.0k NOK → -1 192 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -2.15m NOK → -2.16m NOK (equity ratio -11005.0% → -17248.3%). Calculated
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↓
Cash fell
Bank deposits 19.6k NOK → 12.5k NOK (-36.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -17248.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation