AJ TRANSPORT AS: årsregnskap 2002 vs 2001
Grew 51% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AJ TRANSPORT AS. Revenue 1.22m NOK → 1.84m NOK (+51.1%). Net result +295.4k NOK → +341.4k NOK. Equity 155.0k NOK → 166.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.22m NOK to 1.84m NOK (+51.1% YoY). Calculated
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Operating result improved
Operating result +397.5k NOK → +612.9k NOK (op. margin 32.7% → 33.3%). Calculated
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Net result improved
Net result +295.4k NOK → +341.4k NOK (net margin 24.3% → 18.6%). Calculated
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Equity strengthened
Book equity 155.0k NOK → 166.5k NOK (equity ratio 70.7% → 14.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 601.5k NOK → 443.5k NOK (-26.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 16.39× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 30.0k NOK → 60.0k NOK. Reported fact