Org.nr 941 173 020 2009 → 2010 Year-over-year analysis

AIC HOLDING AS: årsregnskap 2010 vs 2009

Grew 3456% on revenue, stronger earnings, cash halved-plus

approved 2010-06-22; registry 2011-09-07; journal 2011 714811

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AIC HOLDING AS. Revenue 20.3k NOK → 721.0k NOK (+3456.1%). Net result -5.43m NOK → -1.62m NOK. Equity 2.94m NOK → 1.32m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIC HOLDING AS.

Scorecard

Revenue
20.3k NOK 721.0k NOK
+3456.1%
Net result
-5.43m NOK -1.62m NOK
+70.2%
Equity
2.94m NOK 1.32m NOK
-55.1%
Cash
10.1k NOK 971 NOK
-90.4%
Total assets
5.91m NOK 4.39m NOK
-25.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.3k NOK to 721.0k NOK (+3456.1% YoY). Calculated

  • ↑

    Net result improved

    Net result -5.43m NOK → -1.62m NOK (net margin -26795.8% → -224.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.94m NOK → 1.32m NOK (equity ratio 49.7% → 30.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.1k NOK → 971 NOK (-90.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 138.1k NOK → 479.1k NOK (+246.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.66m NOK → 3.29m NOK. Reported fact