ADVOKATHUSET VEST AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-30; registry 2021-10-16; journal 2021 824324
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKATHUSET VEST AS. Revenue 10.8k NOK → 10.8k NOK (0.0%). Net result -372 NOK → -13.4k NOK. Equity -20.0k NOK → -33.4k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATHUSET VEST AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -376 NOK → -13.4k NOK (op. margin -3.5% → -123.7%). Calculated
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↓
Net result weakened
Net result -372 NOK → -13.4k NOK (net margin -3.4% → -123.7%). Calculated
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↓
Equity eroded
Book equity -20.0k NOK → -33.4k NOK (equity ratio -157.3% → -501.9%). Calculated
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↓
Cash fell
Bank deposits 12.7k NOK → 6 646 NOK (-47.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -501.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation