FirmaIQ
Org.nr 985 143 412 2005 → 2006 Year-over-year analysis

AB GASOLINE AS: årsregnskap 2006 vs 2005

Grew 9% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AB GASOLINE AS. Revenue 11.80m NOK → 12.86m NOK (+9.0%). Net result +493.1k NOK → +337.4k NOK. Equity 668.4k NOK → 5 827 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AB GASOLINE AS.

At a glance

Scorecard

Revenue
11.80m NOK 12.86m NOK
+9.0%
Operating result
+685.8k NOK +468.0k NOK
-31.8%
Net result
+493.1k NOK +337.4k NOK
-31.6%
Equity
668.4k NOK 5 827 NOK
-99.1%
Total assets
1.86m NOK 1.91m NOK
+2.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.80m NOK to 12.86m NOK (+9.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +685.8k NOK → +468.0k NOK (op. margin 5.8% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +493.1k NOK → +337.4k NOK (net margin 4.2% → 2.6%). Calculated

  • ↓

    Equity eroded

    Book equity 668.4k NOK → 5 827 NOK (equity ratio 35.9% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 901.1k NOK → 1.14m NOK (8% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.59m NOK → 10.49m NOK (+9.4% YoY). Calculated