4CNODE INVEST AS: årsregnskap 2011 vs 2010
Weaker earnings
approved 2012-05-18; registry 2012-06-09; journal 2012 410563
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 4CNODE INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -7 714 NOK → -46.6k NOK. Equity 24.0k NOK → -22.6k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4CNODE INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -7 763 NOK → -46.6k NOK. Calculated
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↓
Net result weakened
Net result -7 714 NOK → -46.6k NOK. Calculated
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↓
Equity eroded
Book equity 24.0k NOK → -22.6k NOK (equity ratio 49.0% → -56.3%). Calculated
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↓
Cash fell
Bank deposits 48.9k NOK → 40.1k NOK (-18.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.96× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -56.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation