FirmaIQ
Org.nr 980 285 197 2000 → 2001 Year-over-year analysis

AIR & ROAD TRANSPORT AS: årsregnskap 2001 vs 2000

Grew 44% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2001 with 2000 for AIR & ROAD TRANSPORT AS. Revenue 9.67m NOK → 13.87m NOK (+43.5%). Net result +263.8k NOK → +621.1k NOK. Equity 647.3k NOK → 18.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR & ROAD TRANSPORT AS.

At a glance

Scorecard

Revenue
9.67m NOK 13.87m NOK
+43.5%
Operating result
+450.1k NOK +786.2k NOK
+74.7%
Net result
+263.8k NOK +621.1k NOK
+135.4%
Equity
647.3k NOK 18.3k NOK
-97.2%
Total assets
126.8k NOK 3.13m NOK
+2366.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.67m NOK to 13.87m NOK (+43.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +450.1k NOK → +786.2k NOK (op. margin 4.7% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result +263.8k NOK → +621.1k NOK (net margin 2.7% → 4.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 647.3k NOK → 18.3k NOK (equity ratio 510.4% → 0.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.08m NOK → 1.42m NOK (11% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7.25m NOK → 10.83m NOK (+49.3% YoY). Calculated