A.K. TRANSPORT AS: årsregnskap 2010 vs 2009
Shrank 13% on revenue
approved 2011-05-15; registry 2011-09-05; journal 2011 701048
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A.K. TRANSPORT AS. Revenue 1.59m NOK → 1.39m NOK (-12.7%). Equity 131.1k NOK → 18.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A.K. TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 60.6k NOK → 47.6k NOK (4% → 3% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.59m NOK to 1.39m NOK (-12.7% YoY). Calculated
-
↓
Equity eroded
Book equity 131.1k NOK → 18.0k NOK (equity ratio 16.7% → 3.8%). Calculated
-
↓
Cash fell
Bank deposits 138.1k NOK → 91.9k NOK (-33.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 102.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 123.8k NOK → 39.0k NOK (-68.5% YoY). Calculated