Org.nr 937 715 080 2010 → 2011 Year-over-year analysis

AIR TRAFFIC OFFSHORE AS: årsregnskap 2011 vs 2010

Shrank 100% on revenue, returned to profit

approved 2012-06-24; registry 2012-09-01; journal 2012 691294

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AIR TRAFFIC OFFSHORE AS. Revenue 243.2k NOK → 1 129 NOK (-99.5%). Net result -609.9k NOK → +143.6k NOK. Equity 6.86m NOK → 7.25m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
243.2k NOK 1 129 NOK
-99.5%
Operating result
-737.0k NOK -192.0k NOK
+74.0%
Net result
-609.9k NOK +143.6k NOK
+123.5%
Equity
6.86m NOK 7.25m NOK
+5.7%
Cash
1 554 NOK 1.40m NOK
+90020.5%
Total assets
8.76m NOK 8.87m NOK
+1.2%

What improved

  • ↑

    Operating result improved

    Operating result -737.0k NOK → -192.0k NOK (op. margin -303.1% → -17005.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 609.9k NOK to a profit of 143.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.86m NOK → 7.25m NOK (equity ratio 78.3% → 81.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 554 NOK → 1.40m NOK (+90020.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 7.69m NOK → 8.22m NOK (+531.9k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 243.2k NOK to 1 129 NOK (-99.5% YoY). Calculated