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Org.nr 985 143 412 2008 → 2009 Year-over-year analysis

AB GASOLINE AS: årsregnskap 2009 vs 2008

Returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AB GASOLINE AS. Revenue 14.50m NOK → 14.16m NOK (-2.4%). Net result -22.7k NOK → +5.56m NOK. Equity 1.35m NOK → 1.81m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB GASOLINE AS.

At a glance

Scorecard

Revenue
14.50m NOK 14.16m NOK
-2.4%
Operating result
+373.5k NOK +532.0k NOK
+42.4%
Net result
-22.7k NOK +5.56m NOK
+24597.0%
Equity
1.35m NOK 1.81m NOK
+33.8%
Total assets
2.27m NOK 2.82m NOK
+24.2%

What improved

  • ↑

    Operating result improved

    Operating result +373.5k NOK → +532.0k NOK (op. margin 2.6% → 3.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 22.7k NOK to a profit of 5.56m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 1.81m NOK (equity ratio 59.5% → 64.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.50m NOK to 14.16m NOK (-2.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.29m NOK → 1.48m NOK (9% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.93m NOK → 11.19m NOK (-6.2% YoY). Calculated