AIRHILL AEROSPACE TECHNOLOGIES AS: årsregnskap 2010 vs 2009
Shrank 100% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AIRHILL AEROSPACE TECHNOLOGIES AS. Revenue 6.30m NOK → 0 NOK (-100.0%). Net result -424.3k NOK → +23.8k NOK. Equity -573.3k NOK → 261.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRHILL AEROSPACE TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -253.1k NOK → +23.8k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 424.3k NOK to a profit of 23.8k NOK. Calculated
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↑
Equity strengthened
Book equity -573.3k NOK → 261.8k NOK (equity ratio -122.0% → 32.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.45× → 1.48×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.30m NOK to 0 NOK (-100.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.48m NOK → 0 NOK (-100.0% YoY). Calculated