Org.nr 977 298 865 2021 → 2022 Year-over-year analysis

AIR TRADE SUPPORT AS: årsregnskap 2022 vs 2021

Grew 54% on revenue, stronger earnings

approved 2023-05-15; registry 2023-08-01; journal 2023 634357

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AIR TRADE SUPPORT AS. Revenue 677.35m NOK → 1.04bn NOK (+53.8%). Net result +21.08m NOK → +25.47m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Revenue

677.35m NOK 1.04bn NOK

+53.8%

Operating result

+27.94m NOK +35.36m NOK

+26.6%

Net result

+21.08m NOK +25.47m NOK

+20.8%

Equity

13.75m NOK n/m

—

Cash

31.73m NOK 39.20m NOK

+23.6%

Total assets

136.68m NOK 134.62m NOK

-1.5%

↑
Revenue rose

Operating income / revenue moved from 677.35m NOK to 1.04bn NOK (+53.8% YoY). Calculated
↑
Operating result improved

Operating result +27.94m NOK → +35.36m NOK (op. margin 4.1% → 3.4%). Calculated
↑
Net result improved

Net result +21.08m NOK → +25.47m NOK (net margin 3.1% → 2.4%). Calculated
↑
Cash rose

Bank deposits 31.73m NOK → 39.20m NOK (+23.6% YoY). Calculated

·
Payroll increased

Salary cost 13.53m NOK → 17.69m NOK (2% → 2% of revenue). Calculated
·
Book investments changed

Investment / intangible book value 4.51m NOK → 4.70m NOK. Reported fact