FirmaIQ
Org.nr 976 208 277 2010 → 2011 Year-over-year analysis

AIRCRAFT ENGINEERING AS: årsregnskap 2011 vs 2010

Shrank 16% on revenue, slipped into loss, cash halved-plus

approved 2012-06-13; registry 2012-08-14; journal 2012 603670

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIRCRAFT ENGINEERING AS. Revenue 3.31m NOK → 2.78m NOK (-16.0%). Net result +199.2k NOK → -9 261 NOK. Equity 598.0k NOK → 588.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.31m NOK 2.78m NOK
-16.0%
Operating result
+280.5k NOK +4 607 NOK
-98.4%
Net result
+199.2k NOK -9 261 NOK
-104.6%
Equity
598.0k NOK 588.7k NOK
-1.5%
Cash
90.8k NOK 32.8k NOK
-63.9%
Total assets
1.09m NOK 120.5k NOK
-88.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.31m NOK to 2.78m NOK (-16.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +280.5k NOK → +4 607 NOK (op. margin 8.5% → 0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 199.2k NOK profit to a loss of 9 261 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 598.0k NOK → 588.7k NOK (equity ratio 55.0% → 488.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 90.8k NOK → 32.8k NOK (-63.9% YoY). Calculated