AIRSWIFT NORGE AS: årsregnskap 2002 vs 2001
Grew 42% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AIRSWIFT NORGE AS. Revenue 5.31m NOK → 7.56m NOK (+42.5%). Equity 205.1k NOK → 173.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIRSWIFT NORGE AS.
At a glance
Scorecard
Revenue
5.31m NOK
7.56m NOK
+42.5%
Operating result
+274.5k NOK
+379.1k NOK
+38.1%
Equity
205.1k NOK
173.0k NOK
-15.6%
Total assets
501.1k NOK
1.60m NOK
+218.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.31m NOK to 7.56m NOK (+42.5% YoY). Calculated
-
↑
Operating result improved
Operating result +274.5k NOK → +379.1k NOK (op. margin 5.2% → 5.0%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 205.1k NOK → 173.0k NOK (equity ratio 40.9% → 10.8%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.54m NOK → 6.64m NOK (85% → 88% of revenue). Calculated