A.K. TRANSPORT AS: årsregnskap 2012 vs 2011
Grew 95% on revenue, weaker earnings, cash halved-plus
approved 2013-06-17; registry 2013-07-08; journal 2013 539550
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.K. TRANSPORT AS. Revenue 697.2k NOK → 1.36m NOK (+95.2%). Net result +119.0k NOK → +18.2k NOK. Equity 137.0k NOK → 155.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A.K. TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 697.2k NOK to 1.36m NOK (+95.2% YoY). Calculated
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↑
Equity strengthened
Book equity 137.0k NOK → 155.2k NOK (equity ratio 21.9% → 28.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +199.5k NOK → +43.2k NOK (op. margin 28.6% → 3.2%). Calculated
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↓
Net result weakened
Net result +119.0k NOK → +18.2k NOK (net margin 17.1% → 1.3%). Calculated
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↓
Cash fell
Bank deposits 198.4k NOK → 0 NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost -38 NOK → 233.4k NOK (-0% → 17% of revenue). Calculated