FirmaIQ
Org.nr 993 895 628 2010 → 2011 Year-over-year analysis

AIRCONDITION PRODUKTER AS: årsregnskap 2011 vs 2010

Grew 72% on revenue

approved 2012-06-20; registry 2012-11-19; journal 2012 813322

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIRCONDITION PRODUKTER AS. Revenue 5.49m NOK → 9.43m NOK (+71.7%). Net result +847.8k NOK → +956.7k NOK. Equity 524.4k NOK → 3.48m NOK.

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

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

At a glance

Scorecard

Revenue
5.49m NOK 9.43m NOK
+71.7%
Net result
+847.8k NOK +956.7k NOK
+12.8%
Equity
524.4k NOK 3.48m NOK
+563.8%
Cash
171.2k NOK 159.1k NOK
-7.1%
Total assets
1.77m NOK 6.39m NOK
+261.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.49m NOK to 9.43m NOK (+71.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +847.8k NOK → +956.7k NOK (net margin 15.4% → 10.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 524.4k NOK → 3.48m NOK (equity ratio 29.7% → 54.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 1.02×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 171.2k NOK → 159.1k NOK (-7.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.46m NOK → 4.65m NOK (+89.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 280.1k NOK → 950.0k NOK. Reported fact