ADVOKAT 365 HOLDING AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2021-07-08; registry 2021-08-31; journal 2021 700087
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT 365 HOLDING AS. Net result -53.6k NOK → -89.5k NOK. Equity -79.1k NOK → -168.6k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT 365 HOLDING AS.
At a glance
Scorecard
Operating result
-53.6k NOK
-97.7k NOK
-82.2%
Net result
-53.6k NOK
-89.5k NOK
-67.0%
Equity
-79.1k NOK
-168.6k NOK
-113.1%
Cash
61 NOK
n/m
—
Total assets
58.0k NOK
58.0k NOK
0.0%
What deteriorated
-
↓
Operating result weakened
Operating result -53.6k NOK → -97.7k NOK. Calculated
-
↓
Net result weakened
Net result -53.6k NOK → -89.5k NOK. Calculated
-
↓
Equity eroded
Book equity -79.1k NOK → -168.6k NOK (equity ratio -136.4% → -290.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -290.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation