FirmaIQ
Org.nr 985 143 412 2018 → 2019 Year-over-year analysis

AB GASOLINE AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue, stronger earnings

approved 2020-05-15; registry 2020-08-06; journal 2020 655030

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AB GASOLINE AS. Revenue 24.40m NOK → 21.79m NOK (-10.7%). Net result +55.7k NOK → +142.0k NOK. Equity 2.78m NOK → 3.06m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. 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
24.40m NOK 21.79m NOK
-10.7%
Operating result
n/m +666.9k NOK
—
Net result
+55.7k NOK +142.0k NOK
+155.0%
Equity
2.78m NOK 3.06m NOK
+10.0%
Cash
2.55m NOK 3.02m NOK
+18.6%
Total assets
5.75m NOK 5.84m NOK
+1.5%

What improved

  • ↑

    Net result improved

    Net result +55.7k NOK → +142.0k NOK (net margin 0.2% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.78m NOK → 3.06m NOK (equity ratio 48.3% → 52.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.55m NOK → 3.02m NOK (+18.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.40m NOK to 21.79m NOK (-10.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.64m NOK → 2.70m NOK (11% → 12% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.19m NOK → 16.82m NOK (-12.3% YoY). Calculated