Org.nr 956 602 300 2017 → 2018 Year-over-year analysis

AEX TRANSPORT AS: årsregnskap 2018 vs 2017

Grew 9% on revenue

approved 2019-06-30; registry 2019-07-15; journal 2019 711606

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AEX TRANSPORT AS. Revenue 18.16m NOK → 19.78m NOK (+8.9%). Equity 605.4k NOK → 349.5k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AEX TRANSPORT AS.

Scorecard

Revenue
18.16m NOK 19.78m NOK
+8.9%
Net result
+595.0k NOK n/m
—
Equity
605.4k NOK 349.5k NOK
-42.3%
Cash
1.02m NOK 1.35m NOK
+32.7%
Total assets
4.02m NOK 5.57m NOK
+38.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.16m NOK to 19.78m NOK (+8.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.02m NOK → 1.35m NOK (+32.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 605.4k NOK → 349.5k NOK (equity ratio 15.0% → 6.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 13.55m NOK → 14.16m NOK (+4.4% YoY). Calculated