Org.nr 993 895 628 2009 → 2010 Year-over-year analysis

AIRCONDITION PRODUKTER AS: årsregnskap 2010 vs 2009

A steady year on the published lines

approved 2011-06-23; registry 2011-07-11; journal 2011 488376

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AIRCONDITION PRODUKTER AS. Revenue 5.58m NOK → 5.49m NOK (-1.6%). Net result +1.04m NOK → +847.8k NOK. Equity 676.6k NOK → 524.4k NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCONDITION PRODUKTER AS.

Scorecard

Revenue
5.58m NOK 5.49m NOK
-1.6%
Operating result
+1.48m NOK n/m
—
Net result
+1.04m NOK +847.8k NOK
-18.5%
Equity
676.6k NOK 524.4k NOK
-22.5%
Cash
201.6k NOK 171.2k NOK
-15.1%
Total assets
2.38m NOK 1.77m NOK
-25.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.58m NOK to 5.49m NOK (-1.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.04m NOK → +847.8k NOK (net margin 18.6% → 15.4%). Calculated

  • ↓

    Equity eroded

    Book equity 676.6k NOK → 524.4k NOK (equity ratio 28.4% → 29.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 201.6k NOK → 171.2k NOK (-15.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 465.55× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 656.0k NOK → 280.1k NOK. Reported fact