Org.nr 932 825 260 2010 → 2011 Year-over-year analysis

A/S LOCO: årsregnskap 2011 vs 2010

Slipped into loss, cash halved-plus

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A/S LOCO. Net result +4.65m NOK → -17.23m NOK. Equity 38.71m NOK → 21.48m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S LOCO.

At a glance

Operating result

-1.36m NOK -1.74m NOK

-27.9%

Net result

+4.65m NOK -17.23m NOK

-470.2%

Equity

38.71m NOK 21.48m NOK

-44.5%

Cash

20.54m NOK 1.69m NOK

-91.8%

Total assets

207.24m NOK 186.96m NOK

-9.8%

↓
Operating result weakened

Operating result -1.36m NOK → -1.74m NOK. Calculated
↓
Fell into a net loss

Net result flipped from 4.65m NOK profit to a loss of 17.23m NOK. Calculated
↓
Equity eroded

Book equity 38.71m NOK → 21.48m NOK (equity ratio 18.7% → 11.5%). Calculated
↓
Cash fell

Bank deposits 20.54m NOK → 1.69m NOK (-91.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (20.54m NOK → 1.69m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 3.22m NOK → -470.9k NOK. Reported fact