5 X H MOTE NATIONAL AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
approved 2012-06-30; registry 2012-07-09; journal 2012 509588
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 5 X H MOTE NATIONAL AS. Revenue 600 NOK → 600 NOK (0.0%). Equity 954.0k NOK → 352.9k NOK.
On the constructive side: cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5 X H MOTE NATIONAL AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 104.7k NOK → 140.6k NOK (+34.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 954.0k NOK → 352.9k NOK (equity ratio 159.1% → 37.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 879.4k NOK → 774.7k NOK. Reported fact