ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2018 vs 2017
Shrank 14% on revenue
approved 2019-04-30; registry 2019-05-04; journal 2019 332023
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 2.99m NOK → 2.58m NOK (-13.8%). Equity 110.0k NOK → 13 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN HUSMO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 102.4k NOK → 162.0k NOK (+58.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.99m NOK to 2.58m NOK (-13.8% YoY). Calculated
-
↓
Equity eroded
Book equity 110.0k NOK → 13 NOK (equity ratio 46.9% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation