FirmaIQ
Org.nr 956 602 300 2010 → 2011 Year-over-year analysis

AEX TRANSPORT AS: årsregnskap 2011 vs 2010

Shrank 22% on revenue, slipped into loss

approved 2012-06-01; registry 2012-06-18; journal 2012 438510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AEX TRANSPORT AS. Revenue 9.15m NOK → 7.11m NOK (-22.3%). Net result +106.6k NOK → -31.4k NOK. Equity 1.05m NOK → 1.02m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
9.15m NOK 7.11m NOK
-22.3%
Operating result
+147.2k NOK -36.6k NOK
-124.9%
Net result
+106.6k NOK -31.4k NOK
-129.5%
Equity
1.05m NOK 1.02m NOK
-3.0%
Cash
n/m 559.4k NOK
—
Total assets
1.99m NOK 2.30m NOK
+15.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.15m NOK to 7.11m NOK (-22.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +147.2k NOK → -36.6k NOK (op. margin 1.6% → -0.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 106.6k NOK profit to a loss of 31.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.05m NOK → 1.02m NOK (equity ratio 52.8% → 44.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 583.6k NOK → 605.1k NOK (6% → 9% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.35m NOK → 5.53m NOK (-24.7% YoY). Calculated