Org.nr 833 208 632 2008 → 2009 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-05-31; registry 2010-08-30; journal 2010 655557

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 40.36m NOK → 38.67m NOK (-4.2%).

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened.

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

At a glance

Revenue

40.36m NOK 38.67m NOK

-4.2%

Operating result

+6.31m NOK +5.98m NOK

-5.3%

Net result

+2 008 NOK n/m

—

Equity

5.09m NOK n/m

—

Total assets

45.22m NOK 39.70m NOK

-12.2%

↑
Payroll decreased

Salary cost 19.90m NOK → 19.53m NOK (49% → 51% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 40.36m NOK to 38.67m NOK (-4.2% YoY). Calculated
↓
Operating result weakened

Operating result +6.31m NOK → +5.98m NOK (op. margin 15.6% → 15.5%). Calculated

·
Book investments changed

Investment / intangible book value 10.27m NOK → 4.82m NOK. Reported fact