FirmaIQ
Org.nr 989 113 704 2010 → 2011 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2011 vs 2010

Shrank 22% on revenue, returned to profit

approved 2012-05-10; registry 2012-09-08; journal 2012 736048

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIRSPACE HOLDING AS. Revenue 342.5k NOK → 266.2k NOK (-22.3%). Net result -2.10m NOK → +2.20m NOK. Equity 25.27m NOK → 27.46m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
342.5k NOK 266.2k NOK
-22.3%
Operating result
-2.55m NOK n/m
—
Net result
-2.10m NOK +2.20m NOK
+204.8%
Equity
25.27m NOK 27.46m NOK
+8.7%
Cash
6.00m NOK 4.55m NOK
-24.2%
Total assets
25.33m NOK 27.49m NOK
+8.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.10m NOK to a profit of 2.20m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 25.27m NOK → 27.46m NOK (equity ratio 99.7% → 99.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 342.5k NOK to 266.2k NOK (-22.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 6.00m NOK → 4.55m NOK (-24.2% YoY). Calculated