4 LIKE AS: årsregnskap 2010 vs 2009
Cash halved-plus
approved 2012-06-14; registry 2012-06-18; journal 2012 448445
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 4 LIKE AS. Equity -277.5k NOK → -320.0k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 4 LIKE AS.
At a glance
Scorecard
Net result
-46.7k NOK
n/m
—
Equity
-277.5k NOK
-320.0k NOK
-15.3%
Cash
81.4k NOK
92 NOK
-99.9%
Total assets
351.4k NOK
362.4k NOK
+3.1%
What deteriorated
-
↓
Equity eroded
Book equity -277.5k NOK → -320.0k NOK (equity ratio -79.0% → -88.3%). Calculated
-
↓
Cash fell
Bank deposits 81.4k NOK → 92 NOK (-99.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -88.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 270 NOK → 270.3k NOK. Reported fact