FirmaIQ
Org.nr 986 386 092 2011 → 2012 Year-over-year analysis

AIRCONTACT GROUP AS: årsregnskap 2012 vs 2011

Weaker earnings

approved 2013-06-14; registry 2013-07-15; journal 2013 556393

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AIRCONTACT GROUP AS. Revenue 26.70m NOK → 25.51m NOK (-4.4%). Net result +61.10m NOK → +40.47m NOK. Equity 12 NOK → 12 NOK.

Pressures included: revenue fell; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
26.70m NOK 25.51m NOK
-4.4%
Operating result
n/m -5.08m NOK
—
Net result
+61.10m NOK +40.47m NOK
-33.8%
Equity
12 NOK 12 NOK
0.0%
Cash
32.96m NOK 20.62m NOK
-37.5%
Total assets
275.26m NOK 246.28m NOK
-10.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 26.70m NOK to 25.51m NOK (-4.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +61.10m NOK → +40.47m NOK (net margin 228.9% → 158.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 32.96m NOK → 20.62m NOK (-37.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.21bn NOK → 4.26bn NOK (15786% → 16692% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.42m NOK → 6.76m NOK. Reported fact