NRC GROUP ASA: årsregnskap 2011 vs 2010
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for NRC GROUP ASA. Net result -564.9k NOK → -351.3k NOK. Equity 8 682 NOK → -185.6k NOK.
On the constructive side: net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for NRC GROUP ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -564.9k NOK → -351.3k NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.48× → 6.64×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -16.2k NOK → -16.2k NOK. Calculated
-
↓
Equity eroded
Book equity 8 682 NOK → -185.6k NOK (equity ratio 1.7% → -86.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -86.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 348.6k NOK → 138.2k NOK. Reported fact