ADVOKAT NADHEIM AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKAT NADHEIM AS. Equity 179 NOK → -773.2k NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: operating result unchanged; thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT NADHEIM AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
-1 000 NOK
-1 000 NOK
0.0%
Equity
179 NOK
-773.2k NOK
-432043.6%
Total assets
1 379 NOK
1 427 NOK
+3.5%
What deteriorated
-
↓
Equity eroded
Book equity 179 NOK → -773.2k NOK (equity ratio 13.0% → -54182.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Operating result unchanged
Operating result -1 000 NOK → -1 000 NOK. Calculated
-
·
Thin equity buffer
Equity ratio is -54182.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation