AIR TRADE SUPPORT AS: årsregnskap 2002 vs 2001
Grew 559% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AIR TRADE SUPPORT AS. Revenue 25.0k NOK → 164.6k NOK (+558.5%). Net result +20.7k NOK → +136.5k NOK. Equity 47.8k NOK → 47.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR TRADE SUPPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.0k NOK to 164.6k NOK (+558.5% YoY). Calculated
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↑
Operating result improved
Operating result +19.5k NOK → +138.5k NOK (op. margin 78.0% → 84.1%). Calculated
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↑
Net result improved
Net result +20.7k NOK → +136.5k NOK (net margin 83.0% → 82.9%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 3.85× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 179.2k NOK (0% → 109% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 67.6k NOK (None YoY). Calculated