Org.nr 989 113 704 2007 → 2008 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2008 vs 2007

Grew 427% on revenue

approved 2009-06-30; registry 2009-09-01

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AIRSPACE HOLDING AS. Revenue 42.0k NOK → 221.5k NOK (+427.4%). Equity 30.15m NOK → 26.80m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRSPACE HOLDING AS.

Scorecard

Revenue
42.0k NOK 221.5k NOK
+427.4%
Equity
30.15m NOK 26.80m NOK
-11.1%
Cash
8.16m NOK 7.45m NOK
-8.7%
Total assets
30.32m NOK 27.24m NOK
-10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.0k NOK to 221.5k NOK (+427.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.86m NOK → 3.88m NOK (+20.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 30.15m NOK → 26.80m NOK (equity ratio 99.5% → 98.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.16m NOK → 7.45m NOK (-8.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.50m NOK → 7.66m NOK. Reported fact