AIR TRADE SUPPORT AS: årsregnskap 2011 vs 2010
Shrank 23% on revenue
approved 2012-05-30; registry 2012-06-19; journal 2012 441225
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AIR TRADE SUPPORT AS. Revenue 23.45m NOK → 17.95m NOK (-23.5%). Equity 626.7k NOK → 555.7k NOK.
Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
23.45m NOK
17.95m NOK
-23.5%
Equity
626.7k NOK
555.7k NOK
-11.3%
Cash
n/m
1.32m NOK
—
Total assets
4.55m NOK
4.19m NOK
-8.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 23.45m NOK to 17.95m NOK (-23.5% YoY). Calculated
-
↓
Equity eroded
Book equity 626.7k NOK → 555.7k NOK (equity ratio 13.8% → 13.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.95m NOK → 2.09m NOK (8% → 12% of revenue). Calculated