AIR TRADE SUPPORT AS: årsregnskap 2016 vs 2015
Grew 66% on revenue, stronger earnings
approved 2017-03-27; registry 2017-04-01; journal 2017 254818
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIR TRADE SUPPORT AS. Revenue 37.49m NOK → 62.30m NOK (+66.2%). Net result +1.91m NOK → +4.19m NOK. Equity 254.4k NOK → 449.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. 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 37.49m NOK to 62.30m NOK (+66.2% YoY). Calculated
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Net result improved
Net result +1.91m NOK → +4.19m NOK (net margin 5.1% → 6.7%). Calculated
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Equity strengthened
Book equity 254.4k NOK → 449.4k NOK (equity ratio 2.7% → 3.9%). Calculated
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Cash rose
Bank deposits 241.2k NOK → 4.61m NOK (+1810.2% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.99× → 1.02×. Calculated
Things to notice
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Payroll increased
Salary cost 2.79m NOK → 3.56m NOK (7% → 6% of revenue). Calculated
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COGS moved
COGS / varekostnad 30.87m NOK → 51.31m NOK (+66.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 263.3k NOK → 233.7k NOK. Reported fact