AIR BP NORWAY AS: årsregnskap 2011 vs 2010
Shrank 99% on revenue, slipped into loss
approved 2012-06-30; registry 2012-10-08; journal 2012 797443
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AIR BP NORWAY AS. Revenue 248.71m NOK → 1.29m NOK (-99.5%). Net result +634.0k NOK → -5 062 NOK. Equity 25.79m NOK → 25.73m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR BP NORWAY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 248.71m NOK to 1.29m NOK (-99.5% YoY). Calculated
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↓
Operating result weakened
Operating result +1.10m NOK → -11.66m NOK (op. margin 0.4% → -903.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 634.0k NOK profit to a loss of 5 062 NOK. Calculated
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↓
Equity eroded
Book equity 25.79m NOK → 25.73m NOK (equity ratio 22.5% → 21312.6%). Calculated
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↓
Cash fell
Bank deposits 109.0k NOK → 60.0k NOK (-45.0% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 25.79m NOK → 25.73m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 1224673000.23bn NOK → 11 NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 175.0k NOK → 483 NOK. Reported fact