AIR TRADE SUPPORT AS: årsregnskap 2019 vs 2018
Grew 50% on revenue, stronger earnings
approved 2020-04-06; registry 2020-04-14; journal 2020 284729
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIR TRADE SUPPORT AS. Revenue 125.44m NOK → 187.76m NOK (+49.7%). Net result +11.23m NOK → +13.86m NOK. Equity 2.22m NOK → 9.98m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; 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 125.44m NOK to 187.76m NOK (+49.7% YoY). Calculated
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Net result improved
Net result +11.23m NOK → +13.86m NOK (net margin 9.0% → 7.4%). Calculated
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Equity strengthened
Book equity 2.22m NOK → 9.98m NOK (equity ratio 7.4% → 24.4%). Calculated
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Cash rose
Bank deposits 9.30m NOK → 10.44m NOK (+12.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 6.23m NOK → 7.95m NOK (5% → 4% of revenue). Calculated
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Book investments changed
Investment / intangible book value 181.1k NOK → 872.9k NOK. Reported fact