Org.nr 833 208 632 2015 → 2016 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2016 vs 2015

Shrank 10% on revenue

approved 2017-04-21; registry 2017-05-04; journal 2017 306012

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 96.89m NOK → 87.64m NOK (-9.6%).

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

96.89m NOK 87.64m NOK

-9.6%

Net result

n/m +1.70m NOK

—

Cash

3.04m NOK 4.48m NOK

+47.1%

Total assets

21.68m NOK 21.42m NOK

-1.2%

↑
Cash rose

Bank deposits 3.04m NOK → 4.48m NOK (+47.1% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.96× → 1.06×. Calculated
↑
Payroll decreased

Salary cost 21.04m NOK → 20.55m NOK (22% → 23% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 96.89m NOK to 87.64m NOK (-9.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 59.90m NOK → 53.18m NOK (-11.2% YoY). Calculated