FirmaIQ
Org.nr 985 143 412 2020 → 2021 Year-over-year analysis

AB GASOLINE AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-06-30; registry 2022-07-30; journal 2022 746600

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AB GASOLINE AS. Revenue 8.69m NOK → 8.61m NOK (-0.9%). Net result +406.5k NOK → +286.3k NOK. Equity 3.47m NOK → 3.75m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
8.69m NOK 8.61m NOK
-0.9%
Operating result
+576.4k NOK +418.5k NOK
-27.4%
Net result
+406.5k NOK +286.3k NOK
-29.6%
Equity
3.47m NOK 3.75m NOK
+8.3%
Cash
2.80m NOK 2.91m NOK
+4.1%
Total assets
5.81m NOK 6.09m NOK
+4.9%

What improved

  • ↑

    Equity strengthened

    Book equity 3.47m NOK → 3.75m NOK (equity ratio 59.7% → 61.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.80m NOK → 2.91m NOK (+4.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.69m NOK to 8.61m NOK (-0.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +576.4k NOK → +418.5k NOK (op. margin 6.6% → 4.9%). Calculated

  • ↓

    Net result weakened

    Net result +406.5k NOK → +286.3k NOK (net margin 4.7% → 3.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.71m NOK → 2.75m NOK (31% → 32% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.11m NOK → 4.05m NOK (-1.6% YoY). Calculated