Org.nr 919 534 524 2016 → 2017 Year-over-year analysis

ADVOKAT VEST AS: årsregnskap 2017 vs 2016

Another loss-making year

approved 2018-06-29; registry 2018-07-19; journal 2018 744707

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKAT VEST AS. Equity 23.2k NOK → 21.0k NOK.

Pressures included: equity eroded.

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

At a glance

Revenue

n/m 170.0k NOK

—

Operating result

n/m +3 652 NOK

—

Net result

n/m -2 213 NOK

—

Equity

23.2k NOK 21.0k NOK

-9.5%

Cash

n/m 249.5k NOK

—

Total assets

30.0k NOK 359.5k NOK

+1098.4%

↓
Equity eroded

Book equity 23.2k NOK → 21.0k NOK (equity ratio 77.3% → 5.8%). Calculated

·
Thin equity buffer

Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation