AIIE INVEST AS: årsregnskap 2011 vs 2010
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2012-05-10; registry 2012-06-13; journal 2012 420653
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AIIE INVEST AS. Revenue 3.98m NOK → 0 NOK (-100.0%). Net result +49.4k NOK → +10.4k NOK. Equity -17.3k NOK → -6 928 NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIIE INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -17.3k NOK → -6 928 NOK (equity ratio -5.2% → -191.3%). Calculated
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↑
Payroll decreased
Salary cost 1.95m NOK → -78.1k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.98m NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +29.9k NOK → +11.3k NOK. Calculated
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↓
Net result weakened
Net result +49.4k NOK → +10.4k NOK. Calculated
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↓
Cash fell
Bank deposits 42.2k NOK → 3 621 NOK (-91.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -191.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.99m NOK → 1 993 NOK (-99.9% YoY). Calculated