3P BIOTECH NORWAY AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 3P BIOTECH NORWAY AS. Equity -20.5k NOK → -25.4k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3P BIOTECH NORWAY AS.
At a glance
Scorecard
Operating result
-35.7k NOK
-4 871 NOK
+86.3%
Equity
-20.5k NOK
-25.4k NOK
-23.7%
Total assets
108.2k NOK
107.0k NOK
-1.1%
What improved
-
↑
Operating result improved
Operating result -35.7k NOK → -4 871 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -20.5k NOK → -25.4k NOK (equity ratio -19.0% → -23.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -23.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation