AB GASOLINE AS: årsregnskap 2017 vs 2016
Grew 21% on revenue, stronger earnings
approved 2018-04-13; registry 2018-07-03; journal 2018 608549
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AB GASOLINE AS. Revenue 19.67m NOK → 23.80m NOK (+21.0%). Net result +78.2k NOK → +116.9k NOK. Equity 1.41m NOK → 2.25m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB GASOLINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.67m NOK to 23.80m NOK (+21.0% YoY). Calculated
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↑
Net result improved
Net result +78.2k NOK → +116.9k NOK (net margin 0.4% → 0.5%). Calculated
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↑
Equity strengthened
Book equity 1.41m NOK → 2.25m NOK (equity ratio 30.3% → 45.6%). Calculated
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↑
Cash rose
Bank deposits 616.6k NOK → 882.6k NOK (+43.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 016 NOK → 2.42m NOK (0% → 10% of revenue). Calculated
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COGS moved
COGS / varekostnad 15.39m NOK → 18.97m NOK (+23.3% YoY). Calculated