ADVOKAT 365 HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-29; registry 2021-09-25; journal 2021 740103
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT 365 HOLDING AS. Net result -89.5k NOK → -133.5k NOK. Equity -168.6k NOK → -302.1k 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
-97.7k NOK
-133.5k NOK
-36.7%
Net result
-89.5k NOK
-133.5k NOK
-49.2%
Equity
-168.6k NOK
-302.1k NOK
-79.2%
Total assets
58.0k NOK
58.0k NOK
0.0%
What deteriorated
-
↓
Operating result weakened
Operating result -97.7k NOK → -133.5k NOK. Calculated
-
↓
Net result weakened
Net result -89.5k NOK → -133.5k NOK. Calculated
-
↓
Equity eroded
Book equity -168.6k NOK → -302.1k NOK (equity ratio -290.7% → -520.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -520.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation