Org.nr 991 772 766 2018 → 2019 Year-over-year analysis

AKA TRANSPORT AS: årsregnskap 2019 vs 2018

Shrank 24% on revenue

approved 2020-03-06; registry 2020-09-03; journal 2020 729342

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKA TRANSPORT AS. Revenue 6.93m NOK → 5.29m NOK (-23.7%). Equity 1.10m NOK → 341.9k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKA TRANSPORT AS.

At a glance

Revenue

6.93m NOK 5.29m NOK

-23.7%

Equity

1.10m NOK 341.9k NOK

-68.9%

Cash

1.11m NOK 4.73m NOK

+325.9%

Total assets

5.33m NOK 4.23m NOK

-20.6%

↑
Cash rose

Bank deposits 1.11m NOK → 4.73m NOK (+325.9% YoY). Calculated
↑
Payroll decreased

Salary cost 2.86m NOK → 2.15m NOK (41% → 41% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.93m NOK to 5.29m NOK (-23.7% YoY). Calculated
↓
Equity eroded

Book equity 1.10m NOK → 341.9k NOK (equity ratio 20.6% → 8.1%). Calculated
↓
COGS moved

COGS / varekostnad 724.6k NOK → 783.8k NOK (+8.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 410.9k NOK → 326.2k NOK. Reported fact