AJ TRANSPORT AS: årsregnskap 2014 vs 2013
Grew 50% on revenue
approved 2015-02-21; registry 2015-07-02; journal 2015 552625
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AJ TRANSPORT AS. Revenue 1.00m NOK → 1.50m NOK (+49.8%). Equity 941.1k NOK → 97.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. 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 1.00m NOK to 1.50m NOK (+49.8% YoY). Calculated
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↑
Cash rose
Bank deposits 140.5k NOK → 378.9k NOK (+169.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 941.1k NOK → 97.8k NOK (equity ratio 81.8% → 7.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 595.4k NOK → 678.6k NOK (59% → 45% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 475 NOK → 6 513 NOK (+1271.2% YoY). Calculated