Org.nr 985 567 247 2017 → 2018 Year-over-year analysis

ADVOKAT HANS HENRIK PETTERSEN AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-06-30; registry 2019-07-31; journal 2019 830687

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKAT HANS HENRIK PETTERSEN AS. Net result -1 563 NOK → -3 098 NOK. Equity -132.1k NOK → -135.2k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT HANS HENRIK PETTERSEN AS.

Scorecard

Operating result
-1 619 NOK n/m
—
Net result
-1 563 NOK -3 098 NOK
-98.2%
Equity
-132.1k NOK -135.2k NOK
-2.3%
Cash
56.0k NOK 52.9k NOK
-5.5%
Total assets
56.0k NOK 52.9k NOK
-5.5%

What deteriorated

  • ↓

    Net result weakened

    Net result -1 563 NOK → -3 098 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -132.1k NOK → -135.2k NOK (equity ratio -236.1% → -255.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 56.0k NOK → 52.9k NOK (-5.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -255.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation