ADVISIO AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-06-28; registry 2019-07-11; journal 2019 683973
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVISIO AS. Equity 1.39m NOK → -292.5k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVISIO AS.
At a glance
Scorecard
Equity
1.39m NOK
-292.5k NOK
-121.0%
Cash
866.9k NOK
92.9k NOK
-89.3%
Total assets
2.60m NOK
86.1k NOK
-96.7%
What deteriorated
-
↓
Equity eroded
Book equity 1.39m NOK → -292.5k NOK (equity ratio 53.4% → -339.6%). Calculated
-
↓
Cash fell
Bank deposits 866.9k NOK → 92.9k NOK (-89.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -339.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1.74m NOK → 86.0k NOK. Reported fact