FirmaIQ
Org.nr 833 208 632 2017 → 2018 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2018 vs 2017

Grew 13% on revenue, stronger earnings, cash halved-plus

approved 2019-03-28; registry 2019-04-29; journal 2019 291725

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 91.55m NOK → 103.08m NOK (+12.6%). Net result +1.69m NOK → +2.59m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
91.55m NOK 103.08m NOK
+12.6%
Net result
+1.69m NOK +2.59m NOK
+53.1%
Cash
716.9k NOK 334.5k NOK
-53.3%
Total assets
19.38m NOK 20.48m NOK
+5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 91.55m NOK to 103.08m NOK (+12.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.69m NOK → +2.59m NOK (net margin 1.8% → 2.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 716.9k NOK → 334.5k NOK (-53.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 21.40m NOK → 23.59m NOK (23% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 57.04m NOK → 62.99m NOK (+10.4% YoY). Calculated