ADVOKATBYGG MO AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-06-15; registry 2020-06-25; journal 2020 489485
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATBYGG MO AS. Net result 0 NOK → +11.4k NOK. Equity 253.9k NOK → 140.2k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATBYGG MO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -21.1k NOK → -17.4k NOK. Calculated
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↑
Net result improved
Net result 0 NOK → +11.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 253.9k NOK → 140.2k NOK (equity ratio 5.2% → 3.0%). Calculated
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↓
Cash fell
Bank deposits 43.0k NOK → 7 672 NOK (-82.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation