FirmaIQ
Org.nr 985 143 412 2013 → 2014 Year-over-year analysis

AB GASOLINE AS: årsregnskap 2014 vs 2013

Stronger earnings

approved 2015-04-28; registry 2015-08-12; journal 2015 701299

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AB GASOLINE AS. Revenue 18.22m NOK → 18.90m NOK (+3.7%). Net result +28.6k NOK → +56.2k NOK. Equity 1.54m NOK → 1.27m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
18.22m NOK 18.90m NOK
+3.7%
Net result
+28.6k NOK +56.2k NOK
+96.7%
Equity
1.54m NOK 1.27m NOK
-17.0%
Cash
296.7k NOK 323.2k NOK
+9.0%
Total assets
4.22m NOK 3.91m NOK
-7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.22m NOK to 18.90m NOK (+3.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +28.6k NOK → +56.2k NOK (net margin 0.2% → 0.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 296.7k NOK → 323.2k NOK (+9.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.92m NOK → 2 014 NOK (11% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.54m NOK → 1.27m NOK (equity ratio 36.4% → 32.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.25× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 14.78m NOK → 15.16m NOK (+2.6% YoY). Calculated