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Org.nr 990 920 958 2010 → 2011 Year-over-year analysis

AIRDOME360 AS: årsregnskap 2011 vs 2010

Grew 173% on revenue

approved 2012-06-30; registry 2012-08-21; journal 2012 630568

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIRDOME360 AS. Revenue 1.66m NOK → 4.53m NOK (+172.8%). Net result -395.1k NOK → -421.9k NOK. Equity -3.72m NOK → -4.14m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRDOME360 AS.

At a glance

Scorecard

Revenue
1.66m NOK 4.53m NOK
+172.8%
Operating result
-394.4k NOK -426.1k NOK
-8.0%
Net result
-395.1k NOK -421.9k NOK
-6.8%
Equity
-3.72m NOK -4.14m NOK
-11.4%
Cash
n/m 26.4k NOK
—
Total assets
2.65m NOK 143.1k NOK
-94.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.66m NOK to 4.53m NOK (+172.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -394.4k NOK → -426.1k NOK (op. margin -23.7% → -9.4%). Calculated

  • ↓

    Net result weakened

    Net result -395.1k NOK → -421.9k NOK (net margin -23.8% → -9.3%). Calculated

  • ↓

    Equity eroded

    Book equity -3.72m NOK → -4.14m NOK (equity ratio -140.1% → -2891.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2891.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 305.3k NOK → 404.4k NOK (18% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 306.1k NOK → 4.28m NOK (+1299.2% YoY). Calculated