FirmaIQ
Org.nr 979 918 984 2006 → 2007 Year-over-year analysis

AIRSWIFT NORGE AS: årsregnskap 2007 vs 2006

Grew 287% on revenue

approved 2008-03-27; registry 2008-05-29

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for AIRSWIFT NORGE AS. Revenue 27.02m NOK → 104.58m NOK (+287.0%). Equity 943.8k NOK → 143.1k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRSWIFT NORGE AS.

At a glance

Scorecard

Revenue
27.02m NOK 104.58m NOK
+287.0%
Operating result
+2.98m NOK +10.64m NOK
+256.6%
Equity
943.8k NOK 143.1k NOK
-84.8%
Total assets
9.41m NOK 31.35m NOK
+233.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.02m NOK to 104.58m NOK (+287.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.98m NOK → +10.64m NOK (op. margin 11.0% → 10.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 943.8k NOK → 143.1k NOK (equity ratio 10.0% → 0.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6.24m NOK → 28.63m NOK (23% → 27% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 17.05m NOK → 58.59m NOK (+243.5% YoY). Calculated