ADVOKAT 365 HOLDING AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2019-02-12; registry 2019-02-16; journal 2019 209275
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKAT 365 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -1 485 NOK → -25.5k NOK.
Pressures included: equity eroded; cash fell.
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%
Net result
n/m
-24.1k NOK
—
Equity
-1 485 NOK
-25.5k NOK
-1620.0%
Cash
30.1k NOK
61 NOK
-99.8%
Total assets
31.1k NOK
31.1k NOK
+0.0%
What deteriorated
-
↓
Equity eroded
Book equity -1 485 NOK → -25.5k NOK (equity ratio -4.8% → -82.2%). Calculated
-
↓
Cash fell
Bank deposits 30.1k NOK → 61 NOK (-99.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -82.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation