Org.nr 979 918 984 2017 → 2018 Year-over-year analysis

AIRSWIFT NORGE AS: årsregnskap 2018 vs 2017

Grew 29% on revenue

approved 2019-04-12; registry 2019-07-01; journal 2019 561810

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRSWIFT NORGE AS. Revenue 59.49m NOK → 76.46m NOK (+28.5%). Equity 124.41m NOK → 120.14m NOK.

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

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

At a glance

Revenue

59.49m NOK 76.46m NOK

+28.5%

Operating result

-3.58m NOK -6.28m NOK

-75.5%

Equity

124.41m NOK 120.14m NOK

-3.4%

Total assets

178.41m NOK 235.84m NOK

+32.2%

↑
Revenue rose

Operating income / revenue moved from 59.49m NOK to 76.46m NOK (+28.5% YoY). Calculated

↓
Operating result weakened

Operating result -3.58m NOK → -6.28m NOK (op. margin -6.0% → -8.2%). Calculated
↓
Equity eroded

Book equity 124.41m NOK → 120.14m NOK (equity ratio 69.7% → 50.9%). Calculated

·
Payroll increased

Salary cost 48.23m NOK → 65.48m NOK (81% → 86% of revenue). Calculated
·
Book investments changed

Investment / intangible book value 136.08m NOK → 182.29m NOK. Reported fact