AJ TRANSPORT AS: årsregnskap 2012 vs 2011
Grew 13% on revenue
approved 2013-02-28; registry 2013-06-03; journal 2013 427492
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AJ TRANSPORT AS. Revenue 1.29m NOK → 1.45m NOK (+13.0%). Equity 912.2k NOK → 1 116 NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. 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 1.29m NOK to 1.45m NOK (+13.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 611.7k NOK → 569.0k NOK (48% → 39% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 912.2k NOK → 1 116 NOK. Calculated
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↓
Cash fell
Bank deposits 355.2k NOK → 230.1k NOK (-35.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation