FirmaIQ
Org.nr 980 285 197 2015 → 2016 Year-over-year analysis

AIR & ROAD TRANSPORT AS: årsregnskap 2016 vs 2015

Grew 6% on revenue, stronger earnings

approved 2017-04-27; registry 2017-08-08; journal 2017 833302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIR & ROAD TRANSPORT AS. Revenue 43.08m NOK → 45.84m NOK (+6.4%). Net result +4 548 NOK → +4.49m NOK. Equity 9.40m NOK → 9.39m NOK.

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

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

Revenue
43.08m NOK 45.84m NOK
+6.4%
Operating result
+6 113 NOK n/m
—
Net result
+4 548 NOK +4.49m NOK
+98644.2%
Equity
9.40m NOK 9.39m NOK
-0.1%
Cash
9.18m NOK 10.69m NOK
+16.4%
Total assets
21.40m NOK 20.93m NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 43.08m NOK to 45.84m NOK (+6.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +4 548 NOK → +4.49m NOK (net margin 0.0% → 9.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.18m NOK → 10.69m NOK (+16.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.40m NOK → 9.39m NOK (equity ratio 43.9% → 44.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.73m NOK → 5.17m NOK (11% → 11% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 30.75m NOK → 32.45m NOK (+5.5% YoY). Calculated