ADVENTURE INVEST AS: årsregnskap 2012 vs 2011
Slipped into loss
approved 2013-03-08; registry 2013-03-20; journal 2013 321616
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVENTURE INVEST AS. Net result +202.5k NOK → -122.5k NOK. Equity -341.5k NOK → -464.0k NOK.
Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENTURE INVEST AS.
At a glance
Scorecard
Operating result
+10.0k NOK
n/m
—
Net result
+202.5k NOK
-122.5k NOK
-160.5%
Equity
-341.5k NOK
-464.0k NOK
-35.9%
Cash
n/m
2 519 NOK
—
Total assets
712.2k NOK
302.2k NOK
-57.6%
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 202.5k NOK profit to a loss of 122.5k NOK. Calculated
-
↓
Equity eroded
Book equity -341.5k NOK → -464.0k NOK (equity ratio -47.9% → -153.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -153.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation