1896 INVEST AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-04-11; registry 2013-07-15; journal 2013 559634
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 1896 INVEST AS. Equity 87.9k NOK → 86.0k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1896 INVEST AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
-3 398 NOK
-20.3k NOK
-496.5%
Net result
+12.1k NOK
n/m
—
Equity
87.9k NOK
86.0k NOK
-2.2%
Cash
450.3k NOK
288.7k NOK
-35.9%
Total assets
472.5k NOK
1.50m NOK
+216.5%
What deteriorated
-
↓
Operating result weakened
Operating result -3 398 NOK → -20.3k NOK. Calculated
-
↓
Equity eroded
Book equity 87.9k NOK → 86.0k NOK (equity ratio 18.6% → 5.8%). Calculated
-
↓
Cash fell
Bank deposits 450.3k NOK → 288.7k NOK (-35.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation