3 Q NORGE AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-03-23; registry 2012-03-29; journal 2012 325585
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 3 Q NORGE AS. Revenue 734.8k NOK → 734.8k NOK (0.0%). Equity 125.0k NOK → 72.0k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -265.4k NOK → -53.1k NOK (op. margin -36.1% → -7.2%). Calculated
-
↑
Payroll decreased
Salary cost 677.3k NOK → -6 NOK (92% → -0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 125.0k NOK → 72.0k NOK (equity ratio 38.3% → 99.9%). Calculated
-
↓
Cash fell
Bank deposits 84.9k NOK → 37.1k NOK (-56.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.53× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated