Org.nr 993 092 045 2008 → 2009 Year-over-year analysis

AIRTHINGS AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-21; registry 2010-07-22; journal 2010 541194

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AIRTHINGS AS. Revenue 0 NOK → 2.00m NOK. Equity 78.1k NOK → 783.9k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIRTHINGS AS.

At a glance

Revenue

0 NOK 2.00m NOK

—

Operating result

-43.9k NOK +838.0k NOK

+2007.4%

Equity

78.1k NOK 783.9k NOK

+903.3%

Cash

87.3k NOK 413.8k NOK

+373.9%

Total assets

128.4k NOK 624.7k NOK

+386.5%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 2.00m NOK. Calculated
↑
Operating result improved

Operating result -43.9k NOK → +838.0k NOK. Calculated
↑
Equity strengthened

Book equity 78.1k NOK → 783.9k NOK (equity ratio 60.8% → 125.5%). Calculated
↑
Cash rose

Bank deposits 87.3k NOK → 413.8k NOK (+373.9% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 2.15× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated