ADVOKATFIRMA ASPEFLATEN AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-02-15; registry 2020-02-18; journal 2020 211208
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMA ASPEFLATEN AS. Net result -18.4k NOK → -83.6k NOK. Equity 11.6k NOK → -72.0k NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA ASPEFLATEN AS.
At a glance
Scorecard
Revenue
n/m
978.9k NOK
—
Operating result
n/m
-78.3k NOK
—
Net result
-18.4k NOK
-83.6k NOK
-353.4%
Equity
11.6k NOK
-72.0k NOK
-722.6%
Cash
11.6k NOK
16.2k NOK
+40.1%
Total assets
11.6k NOK
228.0k NOK
+1871.4%
What improved
-
↑
Cash rose
Bank deposits 11.6k NOK → 16.2k NOK (+40.1% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result -18.4k NOK → -83.6k NOK. Calculated
-
↓
Equity eroded
Book equity 11.6k NOK → -72.0k NOK (equity ratio 100.0% → -31.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -31.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation