AIR & ROAD TRANSPORT AS: årsregnskap 2018 vs 2017
Grew 6% on revenue
approved 2019-03-21; registry 2019-07-06; journal 2019 625521
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIR & ROAD TRANSPORT AS. Revenue 53.23m NOK → 56.19m NOK (+5.6%). Net result +5.28m NOK → +5.23m NOK. Equity 2.02m NOK → 8.45m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; 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 53.23m NOK to 56.19m NOK (+5.6% YoY). Calculated
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↑
Equity strengthened
Book equity 2.02m NOK → 8.45m NOK (equity ratio 8.3% → 36.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +6.74m NOK → +6.21m NOK (op. margin 12.7% → 11.1%). Calculated
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↓
Cash fell
Bank deposits 11.96m NOK → 10.71m NOK (-10.4% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 726.0k NOK → 114.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 5.61m NOK → 5.72m NOK (11% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 38.40m NOK → 41.29m NOK (+7.5% YoY). Calculated