AKA TRANSPORT AS: årsregnskap 2009 vs 2008
Grew 4829% on revenue, stronger earnings
approved 2010-04-12; registry 2010-05-01
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKA TRANSPORT AS. Revenue 34.7k NOK → 1.71m NOK (+4829.0%). Net result +35.3k NOK → +147.6k NOK. Equity 104.4k NOK → -43.2k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKA TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 34.7k NOK to 1.71m NOK (+4829.0% YoY). Calculated
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Net result improved
Net result +35.3k NOK → +147.6k NOK (net margin 101.7% → 8.6%). Calculated
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Payroll decreased
Salary cost 670.1k NOK → 574.7k NOK (1931% → 34% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +277.2k NOK → +40.6k NOK (op. margin 798.5% → 2.4%). Calculated
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↓
Equity eroded
Book equity 104.4k NOK → -43.2k NOK (equity ratio 3.2% → -1.5%). Calculated
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↓
Cash fell
Bank deposits 590.0k NOK → 466.6k NOK (-20.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 24.8k NOK → 42.0k NOK (+69.4% YoY). Calculated