ADVANTAGE AS: årsregnskap 2012 vs 2011
Another loss-making year
approved 2013-08-06; registry 2013-08-08; journal 2013 617532
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVANTAGE AS. Net result -11.6k NOK → -6 274 NOK. Equity 37.5k NOK → 31.2k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVANTAGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -23.1k NOK → -10.3k NOK. Calculated
-
↑
Net result improved
Net result -11.6k NOK → -6 274 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 37.5k NOK → 31.2k NOK (equity ratio 15.3% → 6.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 192.8k NOK → 395.4k NOK. Reported fact