99 % HOLDING AS: årsregnskap 2011 vs 2010
Another loss-making year
approved 2012-08-28; registry 2012-09-08; journal 2012 735174
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 99 % HOLDING AS. Equity -4.16m NOK → -4.46m NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 99 % HOLDING AS.
At a glance
Scorecard
Operating result
-796.5k NOK
-76.7k NOK
+90.4%
Net result
n/m
-297.6k NOK
—
Equity
-4.16m NOK
-4.46m NOK
-7.2%
Cash
n/m
140.2k NOK
—
Total assets
1.08m NOK
805.3k NOK
-25.3%
What improved
-
↑
Operating result improved
Operating result -796.5k NOK → -76.7k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -4.16m NOK → -4.46m NOK (equity ratio -385.8% → -553.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -553.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 5.67m NOK → 665.1k NOK. Reported fact