FirmaIQ
Org.nr 985 143 412 2010 → 2011 Year-over-year analysis

AB GASOLINE AS: årsregnskap 2011 vs 2010

Grew 7% on revenue, cash halved-plus

approved 2012-05-31; registry 2012-09-01; journal 2012 693200

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AB GASOLINE AS. Revenue 14.74m NOK → 15.75m NOK (+6.9%). Equity 2.08m NOK → 1.74m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
14.74m NOK 15.75m NOK
+6.9%
Operating result
+168.2k NOK n/m
—
Net result
+265.0k NOK n/m
—
Equity
2.08m NOK 1.74m NOK
-16.3%
Cash
953.4k NOK 339.0k NOK
-64.4%
Total assets
3.75m NOK 5.71m NOK
+52.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.74m NOK to 15.75m NOK (+6.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.08m NOK → 1.74m NOK (equity ratio 55.4% → 30.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 953.4k NOK → 339.0k NOK (-64.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 107.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1.81m NOK → 1.98m NOK (12% → 13% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 11.87m NOK → 12.90m NOK (+8.7% YoY). Calculated