A Mølmen Transport AS: årsregnskap 2011 vs 2010
Shrank 11% on revenue
approved 2012-06-28; registry 2012-08-23; journal 2012 645086
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A Mølmen Transport AS. Revenue 5.30m NOK → 4.70m NOK (-11.2%). Equity 2.09m NOK → 1.84m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
5.30m NOK
4.70m NOK
-11.2%
Equity
2.09m NOK
1.84m NOK
-12.0%
Cash
93.6k NOK
386.0k NOK
+312.3%
Total assets
5.11m NOK
5.18m NOK
+1.3%
What improved
-
↑
Cash rose
Bank deposits 93.6k NOK → 386.0k NOK (+312.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.30m NOK to 4.70m NOK (-11.2% YoY). Calculated
-
↓
Equity eroded
Book equity 2.09m NOK → 1.84m NOK (equity ratio 40.9% → 35.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 8 NOK → 1.11m NOK (0% → 24% of revenue). Calculated