ADVANTAGE AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-06-12; registry 2012-06-21; journal 2012 447434
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVANTAGE AS. Net result -16.9k NOK → -11.6k NOK. Equity 49.1k NOK → 37.5k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANTAGE AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -16.9k NOK → -11.6k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -19.9k NOK → -23.1k NOK. Calculated
-
↓
Equity eroded
Book equity 49.1k NOK → 37.5k NOK (equity ratio 20.6% → 15.3%). Calculated
-
↓
Cash fell
Bank deposits 24.8k NOK → 86 NOK (-99.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.77× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2 500 NOK → 192.8k NOK. Reported fact