AION INVEST AS: årsregnskap 2012 vs 2011
Stronger earnings, cash halved-plus
approved 2013-06-17; registry 2013-08-31; journal 2013 712555
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AION INVEST AS. Net result -280.6k NOK → -107.4k NOK. Equity -78.9k NOK → -186.3k NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AION INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -280.6k NOK → -107.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -78.9k NOK → -186.3k NOK (equity ratio -43.9% → -65.7%). Calculated
-
↓
Cash fell
Bank deposits 3 705 NOK → 715 NOK (-80.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -65.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 110.1k NOK → 1.28m NOK. Reported fact