AIR TICKET AS: årsregnskap 2009 vs 2008
Shrank 13% on revenue, stronger earnings, fresh owner capital
approved 2010-08-31; registry 2010-09-18; journal 2010 760192
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AIR TICKET AS. Revenue 139.27m NOK → 121.34m NOK (-12.9%). Net result +166.3k NOK → +371.1k NOK. Equity 1.01m NOK → 1.38m NOK.
On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR TICKET AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +166.3k NOK → +371.1k NOK (net margin 0.1% → 0.3%). Calculated
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Equity strengthened
Book equity 1.01m NOK → 1.38m NOK (equity ratio 8.8% → 12.9%). Calculated
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Owners injected capital
Paid-in equity rose 1.01m NOK → 1.54m NOK (+526.7k NOK). Reported fact
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Payroll decreased
Salary cost 2.14m NOK → 2 NOK (2% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 139.27m NOK to 121.34m NOK (-12.9% YoY). Calculated
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Operating result weakened
Operating result +57.31bn NOK → +13.0k NOK (op. margin 41152.0% → 0.0%). Calculated
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Cash fell
Bank deposits 4.67m NOK → 3.40m NOK (-27.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.02× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 136.21m NOK → 118.58m NOK (-12.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 695.4k NOK → 100.5k NOK. Reported fact