NORDIC MINING ASA: årsregnskap 2011 vs 2010
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for NORDIC MINING ASA. Net result +30.8k NOK → +20.3k NOK. Equity 40.1k NOK → 86.5k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORDIC MINING ASA.
At a glance
Scorecard
Net result
+30.8k NOK
+20.3k NOK
-34.0%
Equity
40.1k NOK
86.5k NOK
+115.5%
Total assets
48.4k NOK
96.6k NOK
+99.3%
What improved
-
↑
Equity strengthened
Book equity 40.1k NOK → 86.5k NOK (equity ratio 82.9% → 89.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.58× → 2.32×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +30.8k NOK → +20.3k NOK. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 2 504 NOK → 26.7k NOK. Reported fact