AJ TRANSPORT AS: årsregnskap 2010 vs 2009
Shrank 17% on revenue, weaker earnings
approved 2011-03-31; registry 2011-06-18; journal 2011 423015
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AJ TRANSPORT AS. Revenue 1.88m NOK → 1.57m NOK (-16.9%). Net result -70.8k NOK → -211.6k NOK. Equity 1.21m NOK → 1.07m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ TRANSPORT AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.88m NOK to 1.57m NOK (-16.9% YoY). Calculated
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↓
Operating result weakened
Operating result -99.0k NOK → -246.4k NOK (op. margin -5.3% → -15.7%). Calculated
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↓
Net result weakened
Net result -70.8k NOK → -211.6k NOK (net margin -3.8% → -13.5%). Calculated
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↓
Equity eroded
Book equity 1.21m NOK → 1.07m NOK (equity ratio 65.0% → 73.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.05m NOK → 2.04m NOK (56% → 130% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 30.0k NOK. Reported fact