ACTION TRANSPORT AS: årsregnskap 2010 vs 2009
Grew 15% on revenue
approved 2011-06-30; registry 2011-08-27; journal 2011 642866
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACTION TRANSPORT AS. Revenue 21.23m NOK → 24.42m NOK (+15.0%). Equity 1.78m NOK → 1.63m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTION TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.23m NOK to 24.42m NOK (+15.0% YoY). Calculated
-
↑
Cash rose
Bank deposits 660.3k NOK → 895.0k NOK (+35.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.73× → 1.01×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.78m NOK → 1.63m NOK (equity ratio 27.2% → 23.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 10.95m NOK → 13.08m NOK (52% → 54% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 4.08m NOK → 5.28m NOK (+29.4% YoY). Calculated