FirmaIQ
Org.nr 980 285 197 2011 → 2012 Year-over-year analysis

AIR & ROAD TRANSPORT AS: årsregnskap 2012 vs 2011

Mixed movements in the accounts

approved 2013-04-09; registry 2013-04-27; journal 2013 362275

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AIR & ROAD TRANSPORT AS. Revenue 43.87m NOK → 42.75m NOK (-2.6%). Equity 10.02m NOK → 10.30m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
43.87m NOK 42.75m NOK
-2.6%
Operating result
+3.29m NOK +4.53m NOK
+37.6%
Net result
+2.44m NOK n/m
—
Equity
10.02m NOK 10.30m NOK
+2.8%
Cash
6.38m NOK 5.89m NOK
-7.7%
Total assets
18.97m NOK 20.70m NOK
+9.1%

What improved

  • ↑

    Operating result improved

    Operating result +3.29m NOK → +4.53m NOK (op. margin 7.5% → 10.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.02m NOK → 10.30m NOK (equity ratio 52.8% → 49.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.87m NOK to 42.75m NOK (-2.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 6.38m NOK → 5.89m NOK (-7.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.21m NOK → 4.36m NOK (10% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 33.67m NOK → 31.40m NOK (-6.7% YoY). Calculated