A/S Naufgården: årsregnskap 2011 vs 2010
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A/S Naufgården. Net result +254.0k NOK → -205.3k NOK. Equity 525.8k NOK → 320.5k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Naufgården.
At a glance
Scorecard
Operating result
+109.2k NOK
-229.6k NOK
-310.2%
Net result
+254.0k NOK
-205.3k NOK
-180.8%
Equity
525.8k NOK
320.5k NOK
-39.0%
Cash
659.3k NOK
366.7k NOK
-44.4%
Total assets
4.42m NOK
3.78m NOK
-14.4%
What deteriorated
-
↓
Operating result weakened
Operating result +109.2k NOK → -229.6k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 254.0k NOK profit to a loss of 205.3k NOK. Calculated
-
↓
Equity eroded
Book equity 525.8k NOK → 320.5k NOK (equity ratio 11.9% → 8.5%). Calculated
-
↓
Cash fell
Bank deposits 659.3k NOK → 366.7k NOK (-44.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation