Org.nr 853 040 592 2009 → 2010 Year-over-year analysis

AIRCOIL AS: årsregnskap 2010 vs 2009

Mixed movements in the accounts

approved 2011-05-26; registry 2011-06-28; journal 2011 442749

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIRCOIL AS. Revenue 23.48m NOK → 23.51m NOK (+0.1%). Equity 4.52m NOK → 4.69m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIRCOIL AS.

At a glance

Revenue

23.48m NOK 23.51m NOK

+0.1%

Operating result

+2.02m NOK +2.26m NOK

+12.0%

Equity

4.52m NOK 4.69m NOK

+3.9%

Cash

3.36m NOK 4.11m NOK

+22.5%

Total assets

7.53m NOK 7.91m NOK

+5.1%

↑
Revenue rose

Operating income / revenue moved from 23.48m NOK to 23.51m NOK (+0.1% YoY). Calculated
↑
Operating result improved

Operating result +2.02m NOK → +2.26m NOK (op. margin 8.6% → 9.6%). Calculated
↑
Equity strengthened

Book equity 4.52m NOK → 4.69m NOK (equity ratio 60.0% → 59.3%). Calculated
↑
Cash rose

Bank deposits 3.36m NOK → 4.11m NOK (+22.5% YoY). Calculated

·
Payroll increased

Salary cost 3.08m NOK → 3.40m NOK (13% → 14% of revenue). Calculated
·
COGS fell

COGS / varekostnad 17.69m NOK → 16.84m NOK (-4.8% YoY). Calculated