Org.nr 980 378 756 2008 → 2009 Year-over-year analysis

A HELLAND TRANSPORT AS: årsregnskap 2009 vs 2008

Shrank 22% on revenue, cash halved-plus

approved 2010-06-30; registry 2010-09-13; journal 2010 748769

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A HELLAND TRANSPORT AS. Revenue 5.35m NOK → 4.19m NOK (-21.6%). Equity -719.2k NOK → -681.3k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.

At a glance

Revenue

5.35m NOK 4.19m NOK

-21.6%

Equity

-719.2k NOK -681.3k NOK

+5.3%

Cash

85.7k NOK 42.7k NOK

-50.2%

Total assets

5.72m NOK 5.56m NOK

-2.7%

↑
Equity strengthened

Book equity -719.2k NOK → -681.3k NOK (equity ratio -12.6% → -12.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.35m NOK to 4.19m NOK (-21.6% YoY). Calculated
↓
Cash fell

Bank deposits 85.7k NOK → 42.7k NOK (-50.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.06m NOK → 2.90m NOK (20% → 69% of revenue). Calculated

·
COGS fell

COGS / varekostnad 140.8k NOK → 84.4k NOK (-40.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 66.4k NOK → 1.11m NOK. Reported fact