ADVOKATHOLDING TVETER AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-06-22; registry 2018-07-03; journal 2018 603506
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATHOLDING TVETER AS. Net result -5 570 NOK → +5.52m NOK. Equity 24.4k NOK → 5.54m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATHOLDING TVETER AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 5 570 NOK to a profit of 5.52m NOK. Calculated
-
↑
Equity strengthened
Book equity 24.4k NOK → 5.54m NOK (equity ratio 34.9% → 945.5%). Calculated
-
↑
Cash rose
Bank deposits 30.0k NOK → 546.0k NOK (+1720.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.66× → 11.98×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -5 570 NOK → -16.3k NOK. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 40.0k NOK → 3 NOK. Reported fact