A STEEN TRANSPORT AS: årsregnskap 2013 vs 2012
Grew 19% on revenue, cash halved-plus
approved 2014-04-30; registry 2014-05-19; journal 2014 405158
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A STEEN TRANSPORT AS. Revenue 4.44m NOK → 5.30m NOK (+19.3%). Equity 1.38m NOK → 1.90m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A STEEN TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.44m NOK to 5.30m NOK (+19.3% YoY). Calculated
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↑
Equity strengthened
Book equity 1.38m NOK → 1.90m NOK (equity ratio 61.2% → 62.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.59× → 2.83×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 903.9k NOK → 82.7k NOK (-90.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.28m NOK → 1.31m NOK (29% → 25% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 95.4k NOK → 80.9k NOK (-15.2% YoY). Calculated