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Org.nr 982 228 220 2007 → 2008 Year-over-year analysis

AIRGENIC AS: årsregnskap 2008 vs 2007

Shrank 16% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AIRGENIC AS. Revenue 4.86m NOK → 4.08m NOK (-16.2%). Net result +2 731 NOK → -491.1k NOK. Equity 1.50m NOK → 1.01m 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
4.86m NOK 4.08m NOK
-16.2%
Operating result
-268.9k NOK -564.0k NOK
-109.8%
Net result
+2 731 NOK -491.1k NOK
-18081.8%
Equity
1.50m NOK 1.01m NOK
-32.6%
Cash
245.5k NOK 137.3k NOK
-44.1%
Total assets
2.33m NOK 2.11m NOK
-9.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.86m NOK to 4.08m NOK (-16.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -268.9k NOK → -564.0k NOK (op. margin -5.5% → -13.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 731 NOK profit to a loss of 491.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.50m NOK → 1.01m NOK (equity ratio 64.5% → 48.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 245.5k NOK → 137.3k NOK (-44.1% YoY). Calculated