AIR LIQUIDE NORWAY AS: årsregnskap 2000 vs 1999
Grew 154% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AIR LIQUIDE NORWAY AS. Revenue 3.19m NOK → 8.10m NOK (+153.9%). Net result -3.59m NOK → -4.79m NOK. Equity -2.62m NOK → -7.41m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.19m NOK to 8.10m NOK (+153.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -3.86m NOK → -4.80m NOK (op. margin -120.9% → -59.2%). Calculated
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↓
Net result weakened
Net result -3.59m NOK → -4.79m NOK (net margin -112.5% → -59.1%). Calculated
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↓
Equity eroded
Book equity -2.62m NOK → -7.41m NOK (equity ratio -72.7% → -127.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -127.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad -3.01m NOK → -6.15m NOK (-104.2% YoY). Calculated