FirmaIQ
Org.nr 982 228 220 2009 → 2010 Year-over-year analysis

AIRGENIC AS: årsregnskap 2010 vs 2009

Returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIRGENIC AS. Net result -176.5k NOK → +39.4k NOK. Equity 837.2k NOK → 876.6k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Operating result
-106.1k NOK +42.3k NOK
+139.9%
Net result
-176.5k NOK +39.4k NOK
+122.3%
Equity
837.2k NOK 876.6k NOK
+4.7%
Cash
142.6k NOK 139.0k NOK
-2.5%
Total assets
1.69m NOK 1.77m NOK
+4.2%

What improved

  • ↑

    Operating result improved

    Operating result -106.1k NOK → +42.3k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 176.5k NOK to a profit of 39.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 837.2k NOK → 876.6k NOK (equity ratio 49.4% → 49.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 142.6k NOK → 139.0k NOK (-2.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.92× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 855.8k NOK → 920.1k NOK (+7.5% YoY). Calculated