Org.nr 979 918 984 2007 → 2008 Year-over-year analysis

AIRSWIFT NORGE AS: årsregnskap 2008 vs 2007

Grew 161% on revenue

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AIRSWIFT NORGE AS. Revenue 104.58m NOK → 273.04m NOK (+161.1%). Equity 143.1k NOK → 7.63m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRSWIFT NORGE AS.

At a glance

Revenue

104.58m NOK 273.04m NOK

+161.1%

Operating result

+10.64m NOK +27.98m NOK

+163.0%

Equity

143.1k NOK 7.63m NOK

+5231.1%

Cash

n/m 7.34m NOK

—

Total assets

31.35m NOK 65.39m NOK

+108.6%

↑
Revenue rose

Operating income / revenue moved from 104.58m NOK to 273.04m NOK (+161.1% YoY). Calculated
↑
Operating result improved

Operating result +10.64m NOK → +27.98m NOK (op. margin 10.2% → 10.2%). Calculated
↑
Equity strengthened

Book equity 143.1k NOK → 7.63m NOK (equity ratio 0.5% → 11.7%). Calculated
↑
Payroll decreased

Salary cost 28.63m NOK → 6 147 NOK (27% → 0% of revenue). Calculated

·
COGS moved

COGS / varekostnad 58.59m NOK → 88.41m NOK (+50.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 0 NOK → 2.53m NOK. Reported fact