AIR & ROAD TRANSPORT AS: årsregnskap 2008 vs 2007
Grew 42% on revenue
approved 2009-05-19; registry 2009-08-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AIR & ROAD TRANSPORT AS. Revenue 38.38m NOK → 54.49m NOK (+42.0%). Equity 6.38m NOK → 8.95m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR & ROAD TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 38.38m NOK to 54.49m NOK (+42.0% YoY). Calculated
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↑
Operating result improved
Operating result +5.23m NOK → +6.26m NOK (op. margin 13.6% → 11.5%). Calculated
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↑
Equity strengthened
Book equity 6.38m NOK → 8.95m NOK (equity ratio 41.0% → 45.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 5.93m NOK → 5.79m NOK (-2.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.94m NOK → 3.67m NOK (8% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 28.46m NOK → 42.47m NOK (+49.2% YoY). Calculated