AIRTRANS AS: årsregnskap 2012 vs 2011
Shrank 80% on revenue, stronger earnings
approved 2014-04-09; registry 2014-04-12; journal 2014 352738
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AIRTRANS AS. Revenue 511.1k NOK → 103.7k NOK (-79.7%). Net result -153.2k NOK → -53.4k NOK. Equity -294.0k NOK → -347.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRTRANS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -152.9k NOK → -53.4k NOK (op. margin -29.9% → -51.5%). Calculated
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↑
Net result improved
Net result -153.2k NOK → -53.4k NOK (net margin -30.0% → -51.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 511.1k NOK to 103.7k NOK (-79.7% YoY). Calculated
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↓
Equity eroded
Book equity -294.0k NOK → -347.4k NOK (equity ratio -456.7% → -386.2%). Calculated
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↓
Cash fell
Bank deposits 13.0k NOK → 7 005 NOK (-46.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 521.6k NOK → 76.3k NOK (-85.4% YoY). Calculated