ADVELA AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-05-31; registry 2017-06-14; journal 2017 437279
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVELA AS. Equity -19.5k NOK → -19.5k NOK.
Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVELA AS.
At a glance
Scorecard
Equity
-19.5k NOK
-19.5k NOK
-0.0%
Cash
7 078 NOK
5 622 NOK
-20.6%
Total assets
21.8k NOK
20.3k NOK
-6.7%
What deteriorated
-
↓
Cash fell
Bank deposits 7 078 NOK → 5 622 NOK (-20.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 7.62× → -40.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -95.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation