4 HEALTH INNOVATION NORGE AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-05-29; registry 2013-08-17; journal 2013 641389
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 4 HEALTH INNOVATION NORGE AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 22.0k NOK → -52.9k NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 HEALTH INNOVATION NORGE AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Equity
22.0k NOK
-52.9k NOK
-340.7%
Cash
0 NOK
0 NOK
0.0%
Total assets
30.0k NOK
34.4k NOK
+14.5%
What deteriorated
-
↓
Equity eroded
Book equity 22.0k NOK → -52.9k NOK (equity ratio 73.3% → -154.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.75× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -154.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation