Org.nr 977 298 865 2017 → 2018 Year-over-year analysis

AIR TRADE SUPPORT AS: årsregnskap 2018 vs 2017

Grew 87% on revenue

approved 2019-03-26; registry 2019-04-03; journal 2019 264056

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AIR TRADE SUPPORT AS. Revenue 66.94m NOK → 125.44m NOK (+87.4%). Equity 34.3k NOK → 2.22m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIR TRADE SUPPORT AS.

Scorecard

Revenue
66.94m NOK 125.44m NOK
+87.4%
Net result
n/m +11.23m NOK
—
Equity
34.3k NOK 2.22m NOK
+6386.0%
Cash
9.61m NOK 9.30m NOK
-3.2%
Total assets
20.37m NOK 29.92m NOK
+46.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 66.94m NOK to 125.44m NOK (+87.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 34.3k NOK → 2.22m NOK (equity ratio 0.2% → 7.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 9.61m NOK → 9.30m NOK (-3.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.89m NOK → 6.23m NOK (6% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 54.49m NOK → 102.37m NOK (+87.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 204.1k NOK → 181.1k NOK. Reported fact