AIR & ROAD TRANSPORT AS: årsregnskap 2019 vs 2018
Grew 15% on revenue, fresh owner capital
approved 2020-04-02; registry 2020-07-08; journal 2020 550256
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIR & ROAD TRANSPORT AS. Revenue 56.19m NOK → 64.62m NOK (+15.0%). Net result +5.23m NOK → +6.10m NOK. Equity 8.45m NOK → 8.55m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
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 56.19m NOK to 64.62m NOK (+15.0% YoY). Calculated
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Operating result improved
Operating result +6.21m NOK → +7.32m NOK (op. margin 11.1% → 11.3%). Calculated
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Net result improved
Net result +5.23m NOK → +6.10m NOK (net margin 9.3% → 9.4%). Calculated
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Equity strengthened
Book equity 8.45m NOK → 8.55m NOK (equity ratio 36.7% → 34.1%). Calculated
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Cash rose
Bank deposits 10.71m NOK → 10.85m NOK (+1.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.72m NOK → 6.23m NOK (10% → 10% of revenue). Calculated
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COGS moved
COGS / varekostnad 41.29m NOK → 47.69m NOK (+15.5% YoY). Calculated