Org.nr 980 523 756 2003 → 2004 Year-over-year analysis

AJ TRANSPORT AS: årsregnskap 2004 vs 2003

Shrank 7% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AJ TRANSPORT AS. Revenue 2.00m NOK → 1.85m NOK (-7.4%). Equity 199.7k NOK → 200.9k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Revenue

2.00m NOK 1.85m NOK

-7.4%

Operating result

+6 162 NOK n/m

—

Net result

+533.3k NOK n/m

—

Equity

199.7k NOK 200.9k NOK

+0.6%

Cash

542.3k NOK n/m

—

Total assets

1.66m NOK 1.40m NOK

-16.0%

↑
Equity strengthened

Book equity 199.7k NOK → 200.9k NOK (equity ratio 12.0% → 14.4%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.00m NOK to 1.85m NOK (-7.4% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.83× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 796.9k NOK (0% → 43% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 1 NOK → 26.5k NOK (+2652400.0% YoY). Calculated