Lorry Plc's financial statements from 2010 to 2012 show declining revenue and profits despite increasing assets. Gross profit margin decreased from 34% to 35% to 35% while operating profit margin fell from 12% to 12% to 11% over the period. Current assets increased but current liabilities also rose, leaving the current ratio steady around 2x and quick ratio around 1.5x. Gearing increased significantly as debt grew much faster than equity.