ADVELA AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-05-29; registry 2019-06-19; journal 2019 463509
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVELA AS. Equity -19.5k NOK → -44.7k NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVELA AS.
At a glance
Scorecard
Operating result
n/m
-25.2k NOK
—
Net result
n/m
-25.2k NOK
—
Equity
-19.5k NOK
-44.7k NOK
-129.4%
Cash
5 622 NOK
5 621 NOK
-0.0%
Total assets
20.3k NOK
26.8k NOK
+32.1%
What deteriorated
-
↓
Equity eroded
Book equity -19.5k NOK → -44.7k NOK (equity ratio -95.9% → -166.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -166.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation