ADVOKAT 365 HOLDING AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2020-04-21; registry 2020-04-23; journal 2020 305862
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT 365 HOLDING AS. Net result -24.1k NOK → -53.6k NOK. Equity -25.5k NOK → -79.1k NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKAT 365 HOLDING AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
n/m
-53.6k NOK
—
Net result
-24.1k NOK
-53.6k NOK
-122.7%
Equity
-25.5k NOK
-79.1k NOK
-209.8%
Cash
61 NOK
61 NOK
0.0%
Total assets
31.1k NOK
58.0k NOK
+86.7%
What deteriorated
-
↓
Net result weakened
Net result -24.1k NOK → -53.6k NOK. Calculated
-
↓
Equity eroded
Book equity -25.5k NOK → -79.1k NOK (equity ratio -82.2% → -136.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -136.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1 000 NOK → 28.0k NOK. Reported fact