Org.nr 989 113 704 2009 → 2010 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2010 vs 2009

Slipped into loss

approved 2011-06-16; registry 2011-07-13; journal 2011 499469

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AIRSPACE HOLDING AS. Revenue 340.3k NOK → 342.5k NOK (+0.7%). Net result +627.9k NOK → -2.10m NOK. Equity 27.36m NOK → 25.27m NOK.

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

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

Scorecard

Revenue
340.3k NOK 342.5k NOK
+0.7%
Operating result
-505.7k NOK -2.55m NOK
-404.3%
Net result
+627.9k NOK -2.10m NOK
-433.7%
Equity
27.36m NOK 25.27m NOK
-7.7%
Cash
4.89m NOK 6.00m NOK
+22.7%
Total assets
27.57m NOK 25.33m NOK
-8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 340.3k NOK to 342.5k NOK (+0.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 4.89m NOK → 6.00m NOK (+22.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -505.7k NOK → -2.55m NOK (op. margin -148.6% → -744.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 627.9k NOK profit to a loss of 2.10m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 27.36m NOK → 25.27m NOK (equity ratio 99.3% → 99.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.50m NOK → 632.3k NOK. Reported fact