Org.nr 971 219 270 2008 → 2009 Year-over-year analysis

AIRBROKER AS: årsregnskap 2009 vs 2008

Shrank 61% on revenue, cash halved-plus

approved 2010-08-31; registry 2010-09-09; journal 2010 732038

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AIRBROKER AS. Revenue 44.26m NOK → 17.19m NOK (-61.2%). Equity 386.8k NOK → 247.6k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRBROKER AS.

At a glance

Revenue

44.26m NOK 17.19m NOK

-61.2%

Equity

386.8k NOK 247.6k NOK

-36.0%

Cash

1.18m NOK 540.9k NOK

-54.3%

Total assets

2.45m NOK 1.25m NOK

-48.8%

↓
Revenue fell

Operating income / revenue moved from 44.26m NOK to 17.19m NOK (-61.2% YoY). Calculated
↓
Equity eroded

Book equity 386.8k NOK → 247.6k NOK (equity ratio 15.8% → 19.8%). Calculated
↓
Cash fell

Bank deposits 1.18m NOK → 540.9k NOK (-54.3% YoY). Calculated

·
COGS fell

COGS / varekostnad 41.42m NOK → 15.74m NOK (-62.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 22.1k NOK → 33.1k NOK. Reported fact