Org.nr 937 715 080 2007 → 2008 Year-over-year analysis

AIR TRAFFIC OFFSHORE AS: årsregnskap 2008 vs 2007

Grew 12% on revenue, stronger earnings, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AIR TRAFFIC OFFSHORE AS. Revenue 1.48m NOK → 1.66m NOK (+11.7%). Net result -2.72m NOK → -95.2k NOK. Equity 4.96m NOK → 7.69m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIR TRAFFIC OFFSHORE AS.

Scorecard

Revenue
1.48m NOK 1.66m NOK
+11.7%
Operating result
-84.9k NOK +587.8k NOK
+792.0%
Net result
-2.72m NOK -95.2k NOK
+96.5%
Equity
4.96m NOK 7.69m NOK
+55.1%
Cash
148.8k NOK 932.2k NOK
+526.5%
Total assets
19.34m NOK 12.34m NOK
-36.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.48m NOK to 1.66m NOK (+11.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -84.9k NOK → +587.8k NOK (op. margin -5.7% → 35.5%). Calculated

  • ↑

    Net result improved

    Net result -2.72m NOK → -95.2k NOK (net margin -183.8% → -5.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.96m NOK → 7.69m NOK (equity ratio 25.6% → 62.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 148.8k NOK → 932.2k NOK (+526.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 83.7k NOK → 2 008 NOK (-97.6% YoY). Calculated