ADOKS AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
approved 2012-06-30; registry 2012-09-04; journal 2012 702147
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADOKS AS. Equity 1.28m NOK → -173.4k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOKS AS.
At a glance
Scorecard
Operating result
-32.3k NOK
+25.4k NOK
+178.6%
Equity
1.28m NOK
-173.4k NOK
-113.6%
Cash
n/m
4.43m NOK
—
Total assets
7.85m NOK
8.75m NOK
+11.5%
What improved
-
↑
Operating result improved
Operating result -32.3k NOK → +25.4k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.28m NOK → -173.4k NOK (equity ratio 16.3% → -2.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation