ADJUNKT ARENTZGATE VEST 3A AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-08-31; registry 2012-09-13; journal 2012 770690
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADJUNKT ARENTZGATE VEST 3A AS. Revenue 0 NOK → 312.0k NOK. Equity 406.0k NOK → 346.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADJUNKT ARENTZGATE VEST 3A AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 312.0k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 406.0k NOK → 346.5k NOK (equity ratio 13.5% → 11.2%). Calculated
-
↓
Cash fell
Bank deposits 2.62m NOK → 24.9k NOK (-99.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 162.36× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.62m NOK → 24.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 412.0k NOK → 400.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 400.0k NOK → 82.5k NOK. Reported fact