A.K. TRANSPORT AS: årsregnskap 2014 vs 2013
Grew 19% on revenue, stronger earnings
approved 2015-05-06; registry 2015-06-15; journal 2015 459028
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A.K. TRANSPORT AS. Revenue 1.46m NOK → 1.74m NOK (+19.0%). Net result -95.5k NOK → -49.6k NOK. Equity 59.7k NOK → 10.2k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. 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 1.46m NOK to 1.74m NOK (+19.0% YoY). Calculated
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↑
Net result improved
Net result -95.5k NOK → -49.6k NOK (net margin -6.5% → -2.8%). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 5 402 NOK (None YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 59.7k NOK → 10.2k NOK (equity ratio 13.6% → 2.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 7 NOK → 218.5k NOK (0% → 13% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 132.9k NOK. Reported fact