Org.nr 984 122 624 2008 → 2009 Year-over-year analysis

ACTION TRANSPORT AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-30; registry 2010-09-04; journal 2010 701600

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ACTION TRANSPORT AS. Revenue 22.26m NOK → 21.23m NOK (-4.6%). Equity 770.3k NOK → 1.78m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Revenue

22.26m NOK 21.23m NOK

-4.6%

Operating result

+1.44m NOK n/m

—

Net result

+1.04m NOK n/m

—

Equity

770.3k NOK 1.78m NOK

+130.8%

Cash

750.2k NOK 660.3k NOK

-12.0%

Total assets

5.81m NOK 6.53m NOK

+12.4%

↑
Equity strengthened

Book equity 770.3k NOK → 1.78m NOK (equity ratio 13.3% → 27.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 22.26m NOK to 21.23m NOK (-4.6% YoY). Calculated
↓
Cash fell

Bank deposits 750.2k NOK → 660.3k NOK (-12.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 10.95m NOK (0% → 52% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 3.35m NOK → 4.08m NOK (+21.8% YoY). Calculated