AIRTRANS AS: årsregnskap 2010 vs 2009
Grew 790% on revenue
approved 2011-08-31; registry 2011-10-05; journal 2011 779366
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AIRTRANS AS. Revenue 51.3k NOK → 456.9k NOK (+790.1%). Equity -92.9k NOK → -140.8k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AIRTRANS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 51.3k NOK to 456.9k NOK (+790.1% YoY). Calculated
-
↑
Operating result improved
Operating result -135.7k NOK → -48.0k NOK (op. margin -264.4% → -10.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -92.9k NOK → -140.8k NOK (equity ratio -131.1% → -271.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -271.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 56.2k NOK → 448.1k NOK (+696.7% YoY). Calculated