FirmaIQ
Org.nr 914 305 195 2015 → 2016 Year-over-year analysis

AIR CARGO LOGISTICS AS: årsregnskap 2016 vs 2015

Grew 18% on revenue

approved 2017-05-12; registry 2017-07-10; journal 2017 639638

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIR CARGO LOGISTICS AS. Revenue 293.89m NOK → 346.00m NOK (+17.7%). Net result +6 409 NOK → +2 016 NOK. Equity 6.91m NOK → 6.94m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR CARGO LOGISTICS AS.

At a glance

Scorecard

Revenue
293.89m NOK 346.00m NOK
+17.7%
Net result
+6 409 NOK +2 016 NOK
-68.5%
Equity
6.91m NOK 6.94m NOK
+0.5%
Cash
1 888 NOK 3.94m NOK
+208774.6%
Total assets
45.36m NOK 55.23m NOK
+21.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 293.89m NOK to 346.00m NOK (+17.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.91m NOK → 6.94m NOK (equity ratio 15.2% → 12.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 888 NOK → 3.94m NOK (+208774.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +6 409 NOK → +2 016 NOK (net margin 0.0% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 802 NOK → 7.45m NOK (0% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 270 NOK → 326.92m NOK (+121080725.9% YoY). Calculated