ADVANCED ASSET MANAGEMENT AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
approved 2012-03-27; registry 2012-08-30; journal 2012 672991
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVANCED ASSET MANAGEMENT AS. Equity 15.62m NOK → 13.13m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-238.4k NOK
-279.1k NOK
-17.1%
Equity
15.62m NOK
13.13m NOK
-16.0%
Cash
1.82m NOK
1.95m NOK
+7.6%
Total assets
21.04m NOK
18.99m NOK
-9.7%
What improved
-
↑
Cash rose
Bank deposits 1.82m NOK → 1.95m NOK (+7.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -238.4k NOK → -279.1k NOK. Calculated
-
↓
Equity eroded
Book equity 15.62m NOK → 13.13m NOK (equity ratio 74.2% → 69.1%). Calculated