FirmaIQ
Org.nr 989 254 960 2009 → 2010 Year-over-year analysis

AIRPORT RETAIL GROUP AS: årsregnskap 2010 vs 2009

Cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIRPORT RETAIL GROUP AS. Equity 1.20m NOK → -4.70m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL GROUP AS.

At a glance

Scorecard

Revenue
474.54m NOK n/m
—
Operating result
n/m +6 NOK
—
Equity
1.20m NOK -4.70m NOK
-492.5%
Cash
195.9k NOK 0 NOK
-100.0%
Total assets
19.87m NOK 71.77m NOK
+261.2%

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.20m NOK → -4.70m NOK (equity ratio 6.0% → -6.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 195.9k NOK → 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.05m NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 14.25m NOK → 3 NOK. Reported fact