FirmaIQ
Org.nr 833 208 632 2018 → 2019 Year-over-year analysis

AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2019 vs 2018

Grew 11% on revenue, stronger earnings

approved 2020-04-21; registry 2020-04-27; journal 2020 309894

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 103.08m NOK → 114.83m NOK (+11.4%). Net result +2.59m NOK → +3.20m NOK.

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

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
103.08m NOK 114.83m NOK
+11.4%
Operating result
n/m +4.37m NOK
—
Net result
+2.59m NOK +3.20m NOK
+23.5%
Cash
334.5k NOK 8.27m NOK
+2371.6%
Total assets
20.48m NOK 25.46m NOK
+24.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 103.08m NOK to 114.83m NOK (+11.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.59m NOK → +3.20m NOK (net margin 2.5% → 2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 334.5k NOK → 8.27m NOK (+2371.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 23.59m NOK → 27.29m NOK (23% → 24% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 62.99m NOK → 76.44m NOK (+21.3% YoY). Calculated