Org.nr 993 092 045 2010 → 2011 Year-over-year analysis

AIRTHINGS AS: årsregnskap 2011 vs 2010

Grew 11% on revenue

approved 2012-06-30; registry 2012-07-16; journal 2012 539566

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AIRTHINGS AS. Revenue 2.20m NOK → 2.45m NOK (+11.4%). Equity 878.3k NOK → 312.8k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AIRTHINGS AS.

Scorecard

Revenue
2.20m NOK 2.45m NOK
+11.4%
Operating result
-108.9k NOK n/m
—
Equity
878.3k NOK 312.8k NOK
-64.4%
Cash
173.6k NOK 817.7k NOK
+371.0%
Total assets
1.56m NOK 2.32m NOK
+48.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.20m NOK to 2.45m NOK (+11.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 173.6k NOK → 817.7k NOK (+371.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 878.3k NOK → 312.8k NOK (equity ratio 56.4% → 13.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 301.6k NOK → 101.6k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 15.9k NOK → 579.9k NOK (+3537.6% YoY). Calculated