A.K. TRANSPORT AS: årsregnskap 2016 vs 2015
Mixed movements in the accounts
approved 2017-02-21; registry 2017-08-07; journal 2017 843136
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for A.K. TRANSPORT AS. Revenue 1.61m NOK → 1.54m NOK (-4.3%). Equity -110.6k NOK → -113.7k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A.K. TRANSPORT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -78.5k NOK → +19.6k NOK (op. margin -4.9% → 1.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.61m NOK to 1.54m NOK (-4.3% YoY). Calculated
-
↓
Equity eroded
Book equity -110.6k NOK → -113.7k NOK (equity ratio -28.6% → -41.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 NOK → 167.0k NOK (0% → 11% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -41.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 119.7k NOK → 99.0k NOK. Reported fact