FirmaIQ
Org.nr 956 602 300 2009 → 2010 Year-over-year analysis

AEX TRANSPORT AS: årsregnskap 2010 vs 2009

Shrank 21% on revenue, weaker earnings

approved 2011-06-30; registry 2011-09-07; journal 2011 716299

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AEX TRANSPORT AS. Revenue 11.63m NOK → 9.15m NOK (-21.3%). Net result +157.9k NOK → +106.6k NOK. Equity 1.32m NOK → 1.05m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
11.63m NOK 9.15m NOK
-21.3%
Operating result
+244.1k NOK +147.2k NOK
-39.7%
Net result
+157.9k NOK +106.6k NOK
-32.5%
Equity
1.32m NOK 1.05m NOK
-20.7%
Total assets
2.68m NOK 1.99m NOK
-25.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.73m NOK → 583.6k NOK (15% → 6% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.63m NOK to 9.15m NOK (-21.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +244.1k NOK → +147.2k NOK (op. margin 2.1% → 1.6%). Calculated

  • ↓

    Net result weakened

    Net result +157.9k NOK → +106.6k NOK (net margin 1.4% → 1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.32m NOK → 1.05m NOK (equity ratio 49.4% → 52.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.06m NOK → 7.35m NOK (-18.9% YoY). Calculated