FirmaIQ
Org.nr 833 208 632 2013 → 2014 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-04-21; registry 2015-05-02; journal 2015 376791

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 107.96m NOK → 107.95m NOK (-0.0%).

On the constructive side: payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
107.96m NOK 107.95m NOK
-0.0%
Operating result
+3.58m NOK n/m
—
Cash
10.41m NOK 4.59m NOK
-55.9%
Total assets
31.95m NOK 26.78m NOK
-16.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 20.43m NOK → 20.29m NOK (19% → 19% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 107.96m NOK to 107.95m NOK (-0.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 10.41m NOK → 4.59m NOK (-55.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.24× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 71.28m NOK → 70.39m NOK (-1.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.00m NOK → 1.54m NOK. Reported fact