ADVANCED ASSET MANAGEMENT AS: årsregnskap 2018 vs 2017
Cash halved-plus, fresh owner capital
approved 2019-04-02; registry 2019-07-03; journal 2019 589807
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVANCED ASSET MANAGEMENT AS. Equity 46.39m NOK → 61.79m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVANCED ASSET MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 46.39m NOK → 61.79m NOK (equity ratio 99.7% → 99.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 41.56m NOK → 56.56m NOK (+15.00m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 8.47m NOK → 1.17m NOK (-86.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.47m NOK → 1.17m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.01m NOK → 13.5k NOK. Reported fact