FirmaIQ
Org.nr 980 285 197 2022 → 2023 Year-over-year analysis

AIR & ROAD TRANSPORT AS: årsregnskap 2023 vs 2022

Shrank 29% on revenue

approved 2024-04-11; registry 2024-07-09; journal 2024 602131

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AIR & ROAD TRANSPORT AS. Revenue 140.59m NOK → 99.78m NOK (-29.0%). Net result +15.22m NOK → +12.57m NOK. Equity 9.43m NOK → 10.00m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
140.59m NOK 99.78m NOK
-29.0%
Operating result
+18.27m NOK +14.90m NOK
-18.4%
Net result
+15.22m NOK +12.57m NOK
-17.4%
Equity
9.43m NOK 10.00m NOK
+6.1%
Total assets
43.44m NOK 39.79m NOK
-8.4%

What improved

  • ↑

    Equity strengthened

    Book equity 9.43m NOK → 10.00m NOK (equity ratio 21.7% → 25.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 140.59m NOK to 99.78m NOK (-29.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +18.27m NOK → +14.90m NOK (op. margin 13.0% → 14.9%). Calculated

  • ↓

    Net result weakened

    Net result +15.22m NOK → +12.57m NOK (net margin 10.8% → 12.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 108.16m NOK → 72.28m NOK (-33.2% YoY). Calculated