A STAKE AS: årsregnskap 2011 vs 2010
Grew 7% on revenue
approved 2012-06-30; registry 2012-09-06; journal 2012 728750
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A STAKE AS. Revenue 4.48m NOK → 4.78m NOK (+6.8%). Equity -1.07m NOK → -1.86m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A STAKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.48m NOK to 4.78m NOK (+6.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.47× → 2.79×. Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.07m NOK → -1.86m NOK (equity ratio -160.9% → -236.2%). Calculated
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↓
Cash fell
Bank deposits 33.3k NOK → 23.8k NOK (-28.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -236.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation