FirmaIQ
Org.nr 977 499 054 2009 → 2010 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2010 vs 2009

Grew 37% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIRBUS DEFENCE AND SPACE AS. Revenue 283.3k NOK → 388.8k NOK (+37.2%). Net result -1 793 NOK → -37.0k NOK. Equity 8 547 NOK → 19.6k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.

At a glance

Scorecard

Revenue
283.3k NOK 388.8k NOK
+37.2%
Operating result
+8 110 NOK +53.4k NOK
+558.8%
Net result
-1 793 NOK -37.0k NOK
-1963.2%
Equity
8 547 NOK 19.6k NOK
+129.9%
Total assets
52.5k NOK 211.7k NOK
+303.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 283.3k NOK to 388.8k NOK (+37.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 110 NOK → +53.4k NOK (op. margin 2.9% → 13.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 8 547 NOK → 19.6k NOK (equity ratio 16.3% → 9.3%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -1 793 NOK → -37.0k NOK (net margin -0.6% → -9.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation