Org.nr 990 920 958 2009 → 2010 Year-over-year analysis

AIRDOME360 AS: årsregnskap 2010 vs 2009

Shrank 43% on revenue

approved 2011-06-30; registry 2011-08-27; journal 2011 640436

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIRDOME360 AS. Revenue 2.89m NOK → 1.66m NOK (-42.5%). Equity -3.32m NOK → -3.72m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRDOME360 AS.

At a glance

Revenue

2.89m NOK 1.66m NOK

-42.5%

Operating result

-2.25m NOK -394.4k NOK

+82.5%

Net result

n/m -395.1k NOK

—

Equity

-3.32m NOK -3.72m NOK

-11.9%

Total assets

15.3k NOK 2.65m NOK

+17193.8%

↑
Operating result improved

Operating result -2.25m NOK → -394.4k NOK (op. margin -78.0% → -23.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.89m NOK to 1.66m NOK (-42.5% YoY). Calculated
↓
Equity eroded

Book equity -3.32m NOK → -3.72m NOK (equity ratio -21648.3% → -140.1%). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.17× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated