Org.nr 988 815 470 2017 → 2018 Year-over-year analysis

ADVOKAT GEIR HEGLE AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-20; registry 2019-06-29; journal 2019 554882

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT GEIR HEGLE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +115.5k NOK → +114.2k NOK. Equity 597.9k NOK → 112.1k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-12.7k NOK -17.5k NOK
-37.9%
Net result
+115.5k NOK +114.2k NOK
-1.1%
Equity
597.9k NOK 112.1k NOK
-81.2%
Cash
171.4k NOK 12.9k NOK
-92.5%
Total assets
671.4k NOK 512.9k NOK
-23.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.7k NOK → -17.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 597.9k NOK → 112.1k NOK (equity ratio 89.1% → 21.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 171.4k NOK → 12.9k NOK (-92.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.33× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated