A.K. TRANSPORT AS: årsregnskap 2019 vs 2018
Shrank 9% on revenue, stronger earnings
approved 2020-05-18; registry 2020-05-30; journal 2020 379368
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.K. TRANSPORT AS. Revenue 1.66m NOK → 1.51m NOK (-8.8%). Net result +61.5k NOK → +237.8k NOK. Equity -46.1k NOK → 191.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +71.4k NOK → +247.3k NOK (op. margin 4.3% → 16.4%). Calculated
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↑
Net result improved
Net result +61.5k NOK → +237.8k NOK (net margin 3.7% → 15.8%). Calculated
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↑
Equity strengthened
Book equity -46.1k NOK → 191.6k NOK (equity ratio -20.2% → 27.6%). Calculated
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Cash rose
Bank deposits 11.1k NOK → 131.5k NOK (+1079.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.83× → 1.82×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.66m NOK to 1.51m NOK (-8.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 231.7k NOK → 254.0k NOK (14% → 17% of revenue). Calculated