FirmaIQ
Org.nr 980 378 756 2011 → 2012 Year-over-year analysis

A HELLAND TRANSPORT AS: årsregnskap 2012 vs 2011

Shrank 31% on revenue

approved 2013-12-06; registry 2014-01-02; journal 2013 855526

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A HELLAND TRANSPORT AS. Revenue 3.90m NOK → 2.70m NOK (-30.8%). Equity -975.6k NOK → -2.14m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
3.90m NOK 2.70m NOK
-30.8%
Equity
-975.6k NOK -2.14m NOK
-119.3%
Cash
-49.7k NOK -320.0k NOK
-543.5%
Total assets
5.43m NOK 4.72m NOK
-13.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.90m NOK to 2.70m NOK (-30.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -975.6k NOK → -2.14m NOK (equity ratio -18.0% → -45.3%). Calculated

  • ↓

    Cash fell

    Bank deposits -49.7k NOK → -320.0k NOK (-543.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 NOK → 789.4k NOK (0% → 29% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -45.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 55.7k NOK → 21.5k NOK. Reported fact