ADVOKAT 365 HOLDING AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2018-06-14; registry 2018-06-18; journal 2018 505305
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKAT 365 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 22.9k NOK → -1 485 NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT 365 HOLDING AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Equity
22.9k NOK
-1 485 NOK
-106.5%
Cash
30.0k NOK
30.1k NOK
+0.1%
Total assets
31.0k NOK
31.1k NOK
+0.1%
What deteriorated
-
↓
Equity eroded
Book equity 22.9k NOK → -1 485 NOK (equity ratio 73.7% → -4.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.68× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation