ABSALONSEN TRANSPORT AS: årsregnskap 2013 vs 2012
Grew 99% on revenue
approved 2014-08-30; registry 2014-09-11; journal 2014 820875
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABSALONSEN TRANSPORT AS. Revenue 190.1k NOK → 377.6k NOK (+98.7%). Equity -607.7k NOK → -615.1k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABSALONSEN TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 190.1k NOK to 377.6k NOK (+98.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 282.9k NOK → 1 527 NOK (149% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +199.1k NOK → +40.9k NOK (op. margin 104.8% → 10.8%). Calculated
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↓
Equity eroded
Book equity -607.7k NOK → -615.1k NOK (equity ratio -235.5% → -359.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -359.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 69.1k NOK → 3 450 NOK (-95.0% YoY). Calculated