ADVISIO AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-19; registry 2020-08-31; journal 2020 718779
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVISIO AS. Equity -292.5k NOK → -311.5k 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
Revenue
n/m
10.9k NOK
—
Operating result
n/m
-18.8k NOK
—
Net result
n/m
-19.0k NOK
—
Equity
-292.5k NOK
-311.5k NOK
-6.5%
Cash
92.9k NOK
203 NOK
-99.8%
Total assets
86.1k NOK
88.6k NOK
+2.9%
What deteriorated
-
↓
Equity eroded
Book equity -292.5k NOK → -311.5k NOK (equity ratio -339.6% → -351.6%). Calculated
-
↓
Cash fell
Bank deposits 92.9k NOK → 203 NOK (-99.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -351.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 86.0k NOK → 88.4k NOK. Reported fact