FirmaIQ
Org.nr 980 285 197 2021 → 2022 Year-over-year analysis

AIR & ROAD TRANSPORT AS: årsregnskap 2022 vs 2021

Grew 23% on revenue, stronger earnings

approved 2023-03-29; registry 2023-07-11; journal 2023 571364

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AIR & ROAD TRANSPORT AS. Revenue 113.85m NOK → 140.59m NOK (+23.5%). Net result +11.60m NOK → +15.22m NOK. Equity 9.21m NOK → 9.43m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIR & ROAD TRANSPORT AS.

At a glance

Scorecard

Revenue
113.85m NOK 140.59m NOK
+23.5%
Operating result
+14.11m NOK +18.27m NOK
+29.4%
Net result
+11.60m NOK +15.22m NOK
+31.2%
Equity
9.21m NOK 9.43m NOK
+2.4%
Cash
18.44m NOK n/m
—
Total assets
38.03m NOK 43.44m NOK
+14.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 113.85m NOK to 140.59m NOK (+23.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +14.11m NOK → +18.27m NOK (op. margin 12.4% → 13.0%). Calculated

  • ↑

    Net result improved

    Net result +11.60m NOK → +15.22m NOK (net margin 10.2% → 10.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.21m NOK → 9.43m NOK (equity ratio 24.2% → 21.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 89.18m NOK → 108.16m NOK (+21.3% YoY). Calculated