FirmaIQ
Org.nr 982 228 220 2011 → 2012 Year-over-year analysis

AIRGENIC AS: årsregnskap 2012 vs 2011

Shrank 14% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AIRGENIC AS. Revenue 5.37m NOK → 4.61m NOK (-14.1%). Net result +21.2k NOK → -2 896 NOK. Equity 897.9k NOK → 895.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.37m NOK 4.61m NOK
-14.1%
Operating result
+11.7k NOK +1 259 NOK
-89.3%
Net result
+21.2k NOK -2 896 NOK
-113.6%
Equity
897.9k NOK 895.0k NOK
-0.3%
Cash
41.8k NOK 2.26m NOK
+5301.5%
Total assets
n/m 2.06m NOK
—

What improved

  • ↑

    Cash rose

    Bank deposits 41.8k NOK → 2.26m NOK (+5301.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.37m NOK to 4.61m NOK (-14.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +11.7k NOK → +1 259 NOK (op. margin 0.2% → 0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 21.2k NOK profit to a loss of 2 896 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 897.9k NOK → 895.0k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 NOK → 2.35m NOK (0% → 51% of revenue). Calculated