FirmaIQ
Org.nr 986 386 092 2009 → 2010 Year-over-year analysis

AIRCONTACT GROUP AS: årsregnskap 2010 vs 2009

Grew 3980% on revenue, stronger earnings

approved 2011-06-30; registry 2011-08-31; journal 2011 666616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIRCONTACT GROUP AS. Revenue 8.91m NOK → 363.72m NOK (+3980.4%). Net result +39.07m NOK → +51.22m NOK. Equity 12 NOK → 120.96m NOK.

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

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

At a glance

Scorecard

Revenue
8.91m NOK 363.72m NOK
+3980.4%
Net result
+39.07m NOK +51.22m NOK
+31.1%
Equity
12 NOK 120.96m NOK
+1008005483.3%
Cash
16.85m NOK 36.02m NOK
+113.7%
Total assets
225.45m NOK 258.43m NOK
+14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.91m NOK to 363.72m NOK (+3980.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +39.07m NOK → +51.22m NOK (net margin 438.3% → 14.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 12 NOK → 120.96m NOK (equity ratio 0.0% → 46.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.85m NOK → 36.02m NOK (+113.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.19bn NOK → 4.19bn NOK (46997% → 1153% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 24.76m NOK → 24.54m NOK (-0.9% YoY). Calculated