Org.nr 984 670 494 2008 → 2009 Year-over-year analysis

A STEEN TRANSPORT AS: årsregnskap 2009 vs 2008

Shrank 13% on revenue

approved 2010-06-30; registry 2010-07-17; journal 2010 516178

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A STEEN TRANSPORT AS. Revenue 5.27m NOK → 4.57m NOK (-13.3%). Equity 88.5k NOK → 1.23m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Net tougher year on the published lines.

At a glance

Revenue

5.27m NOK 4.57m NOK

-13.3%

Operating result

+683.0k NOK n/m

—

Net result

+472.6k NOK n/m

—

Equity

88.5k NOK 1.23m NOK

+1291.2%

Cash

443.8k NOK 261.6k NOK

-41.1%

Total assets

2.36m NOK 3.06m NOK

+29.7%

↑
Equity strengthened

Book equity 88.5k NOK → 1.23m NOK (equity ratio 3.8% → 40.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.27m NOK to 4.57m NOK (-13.3% YoY). Calculated
↓
Cash fell

Bank deposits 443.8k NOK → 261.6k NOK (-41.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.71× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 1.33m NOK (0% → 29% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 156.8k NOK → 206.5k NOK (+31.7% YoY). Calculated