AIRTHINGS AS: årsregnskap 2012 vs 2011
Grew 105% on revenue, fresh owner capital
approved 2013-04-30; registry 2013-06-22; journal 2013 468387
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AIRTHINGS AS. Revenue 2.45m NOK → 5.03m NOK (+105.2%). Equity 312.8k NOK → 1.18m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRTHINGS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.45m NOK to 5.03m NOK (+105.2% YoY). Calculated
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↑
Equity strengthened
Book equity 312.8k NOK → 1.18m NOK (equity ratio 13.5% → 44.3%). Calculated
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↑
Owners injected capital
Paid-in equity rose 101.6k NOK → 1.10m NOK (+1.00m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 817.7k NOK → 769.8k NOK (-5.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 343.76× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 579.9k NOK → 508.3k NOK (-12.4% YoY). Calculated