AEX TRANSPORT AS: årsregnskap 2013 vs 2012
Grew 22% on revenue, cash halved-plus
approved 2014-06-20; registry 2014-09-02; journal 2014 751143
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AEX TRANSPORT AS. Revenue 7.93m NOK → 9.70m NOK (+22.3%). Equity 635.8k NOK → 347.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AEX TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.93m NOK to 9.70m NOK (+22.3% YoY). Calculated
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↑
Operating result improved
Operating result -253.2k NOK → -112.1k NOK (op. margin -3.2% → -1.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 635.8k NOK → 347.5k NOK (equity ratio 32.0% → 17.5%). Calculated
-
↓
Cash fell
Bank deposits 536.8k NOK → 167.8k NOK (-68.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 5.59m NOK → 7.14m NOK (+27.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 67.0k NOK → 32.0k NOK. Reported fact