AERO LOGICS AS: årsregnskap 2010 vs 2009
Shrank 100% on revenue, returned to profit
approved 2011-08-29; registry 2011-09-10; journal 2011 747129
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AERO LOGICS AS. Revenue 69.7k NOK → 0 NOK (-100.0%). Net result -5 261 NOK → +116.3k NOK. Equity -61.2k NOK → -177.5k NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AERO LOGICS AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 5 261 NOK to a profit of 116.3k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 69.7k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Equity eroded
Book equity -61.2k NOK → -177.5k NOK (equity ratio -20.1% → -90.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -90.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 246.3k NOK → 142.0k NOK. Reported fact