A VISNES TRANSPORT AS: årsregnskap 2012 vs 2011
Another loss-making year
approved 2013-03-02; registry 2013-03-14; journal 2013 317172
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A VISNES TRANSPORT AS. Revenue 22.13m NOK → 21.92m NOK (-1.0%). Equity 9.53m NOK → 377.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A VISNES TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 6.91m NOK → 6.54m NOK (31% → 30% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 22.13m NOK to 21.92m NOK (-1.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +2 011 NOK → -217.7k NOK (op. margin 0.0% → -1.0%). Calculated
-
↓
Equity eroded
Book equity 9.53m NOK → 377.0k NOK (equity ratio 234.7% → 9.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 1.93m NOK → 2.21m NOK (+14.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation