FirmaIQ
Org.nr 956 602 300 2008 → 2009 Year-over-year analysis

AEX TRANSPORT AS: årsregnskap 2009 vs 2008

Shrank 31% on revenue, weaker earnings

approved 2010-06-30; registry 2010-07-20; journal 2010 531295

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AEX TRANSPORT AS. Revenue 16.76m NOK → 11.63m NOK (-30.6%). Net result +433.2k NOK → +157.9k NOK. Equity 164.9k NOK → 1.32m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AEX TRANSPORT AS.

At a glance

Scorecard

Revenue
16.76m NOK 11.63m NOK
-30.6%
Operating result
n/m +244.1k NOK
—
Net result
+433.2k NOK +157.9k NOK
-63.6%
Equity
164.9k NOK 1.32m NOK
+702.0%
Total assets
3.91m NOK 2.68m NOK
-31.5%

What improved

  • ↑

    Equity strengthened

    Book equity 164.9k NOK → 1.32m NOK (equity ratio 4.2% → 49.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.76m NOK to 11.63m NOK (-30.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +433.2k NOK → +157.9k NOK (net margin 2.6% → 1.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.40m NOK → 1.73m NOK (8% → 15% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.35m NOK → 9.06m NOK (-26.6% YoY). Calculated