Org.nr 985 855 692 2016 → 2017 Year-over-year analysis

AIR TICKET AS: årsregnskap 2017 vs 2016

Grew 36% on revenue

approved 2018-06-05; registry 2018-06-25; journal 2018 539652

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AIR TICKET AS. Revenue 92.39m NOK → 126.08m NOK (+36.5%). Equity 3.75m NOK → 4.54m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR TICKET AS.

Scorecard

Revenue
92.39m NOK 126.08m NOK
+36.5%
Net result
n/m +791.3k NOK
—
Equity
3.75m NOK 4.54m NOK
+21.1%
Cash
618.5k NOK 617.1k NOK
-0.2%
Total assets
10.60m NOK 13.00m NOK
+22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 92.39m NOK to 126.08m NOK (+36.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.75m NOK → 4.54m NOK (equity ratio 35.4% → 35.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 618.5k NOK → 617.1k NOK (-0.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 NOK → 1.94m NOK (0% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 88.62m NOK → 121.19m NOK (+36.8% YoY). Calculated