ACUMULUS AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
approved 2012-06-25; registry 2012-08-29; journal 2012 665645
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACUMULUS AS. Equity -2.12m NOK → -2.07m NOK.
On the constructive side: equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACUMULUS AS.
At a glance
Scorecard
Equity
-2.12m NOK
-2.07m NOK
+2.3%
Cash
2.35m NOK
1.19m NOK
-49.1%
Total assets
3.31m NOK
2.26m NOK
-31.8%
What improved
-
↑
Equity strengthened
Book equity -2.12m NOK → -2.07m NOK (equity ratio -64.1% → -91.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 2.35m NOK → 1.19m NOK (-49.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -91.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 4.25m NOK → 245.7k NOK. Reported fact