FirmaIQ
Org.nr 833 208 632 2007 → 2008 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2008 vs 2007

Grew 22% on revenue

approved 2009-06-30; registry 2009-07-14

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 33.05m NOK → 40.36m NOK (+22.1%). Net result +2 007 NOK → +2 008 NOK. Equity 5.16m NOK → 5.09m NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AIT WORLDWIDE LOGISTICS NORWAY AS.

At a glance

Scorecard

Revenue
33.05m NOK 40.36m NOK
+22.1%
Operating result
n/m +6.31m NOK
—
Net result
+2 007 NOK +2 008 NOK
+0.0%
Equity
5.16m NOK 5.09m NOK
-1.2%
Total assets
44.37m NOK 45.22m NOK
+1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 33.05m NOK to 40.36m NOK (+22.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.81× → 1.05×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.16m NOK → 5.09m NOK (equity ratio 11.6% → 11.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 16.36m NOK → 19.90m NOK (49% → 49% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 17.96m NOK → 10.27m NOK. Reported fact