ADVOKAT JONNY HOLEN AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-03-18; registry 2020-04-23; journal 2020 306120
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKAT JONNY HOLEN AS. Net result -10.5k NOK → -10.8k NOK. Equity 5 528 NOK → -5 261 NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT JONNY HOLEN AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -10.6k NOK → -10.9k NOK. Calculated
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↓
Equity eroded
Book equity 5 528 NOK → -5 261 NOK (equity ratio 7.6% → -10.1%). Calculated
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↓
Cash fell
Bank deposits 24.6k NOK → 13.8k NOK (-43.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation