Org.nr 965 920 358 2009 → 2010 Year-over-year analysis

NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2010 vs 2009

Grew 24% on revenue, weaker earnings, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for NORWEGIAN AIR SHUTTLE ASA. Revenue 6.93m NOK → 8.59m NOK (+24.0%). Net result +243.4k NOK → +152.0k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORWEGIAN AIR SHUTTLE ASA.

Scorecard

Revenue
6.93m NOK 8.59m NOK
+24.0%
Operating result
+604.9k NOK +175.0k NOK
-71.1%
Net result
+243.4k NOK +152.0k NOK
-37.5%
Total assets
5.02m NOK 6.62m NOK
+31.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.93m NOK to 8.59m NOK (+24.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 092 NOK → 658.1k NOK (+657.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +604.9k NOK → +175.0k NOK (op. margin 8.7% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +243.4k NOK → +152.0k NOK (net margin 3.5% → 1.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 137.3k NOK → 203.0k NOK. Reported fact