A/S POLYCORP: årsregnskap 2011 vs 2010
Shrank 47% on revenue, fresh owner capital
approved 2012-06-27; registry 2012-08-29; journal 2012 665859
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A/S POLYCORP. Revenue 202.5k NOK → 107.5k NOK (-46.9%). Equity 7.71bn NOK → -591.0k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S POLYCORP.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 561.3k NOK → 607.2k NOK (+8.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.00m NOK → 13.51m NOK (+12.51m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 202.5k NOK to 107.5k NOK (-46.9% YoY). Calculated
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↓
Equity eroded
Book equity 7.71bn NOK → -591.0k NOK (equity ratio 37224.2% → -2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 9.09m NOK → 9.05m NOK. Reported fact