AIT WORLDWIDE LOGISTICS NORWAY AS: årsregnskap 2021 vs 2020
Grew 9712% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-19; journal 2022 664072
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIT WORLDWIDE LOGISTICS NORWAY AS. Revenue 115.05m NOK → 11.29bn NOK (+9712.2%). Net result +221.6k NOK → +421.5k NOK. Equity 1.15m NOK → 10.50m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIT WORLDWIDE LOGISTICS NORWAY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 115.05m NOK to 11.29bn NOK (+9712.2% YoY). Calculated
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Operating result improved
Operating result +261.2k NOK → +538.6k NOK (op. margin 0.2% → 0.0%). Calculated
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Net result improved
Net result +221.6k NOK → +421.5k NOK (net margin 0.2% → 0.0%). Calculated
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Equity strengthened
Book equity 1.15m NOK → 10.50m NOK (equity ratio 5.5% → 14.1%). Calculated
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Cash rose
Bank deposits 6.26m NOK → 10.64m NOK (+70.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 24.92m NOK → 44.91m NOK (22% → 0% of revenue). Calculated
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COGS moved
COGS / varekostnad 79.74m NOK → 5.20bn NOK (+6426.1% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 35 → 65. Reported fact