AIR LIQUIDE NORWAY AS: årsregnskap 2002 vs 2001
Grew 21% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AIR LIQUIDE NORWAY AS. Revenue 15.46m NOK → 18.63m NOK (+20.5%). Net result +1.14m NOK → +4.16m NOK. Equity -6.27m NOK → -2.10m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 15.46m NOK to 18.63m NOK (+20.5% YoY). Calculated
-
↑
Operating result improved
Operating result +1.53m NOK → +3.50m NOK (op. margin 9.9% → 18.8%). Calculated
-
↑
Net result improved
Net result +1.14m NOK → +4.16m NOK (net margin 7.4% → 22.3%). Calculated
-
↑
Equity strengthened
Book equity -6.27m NOK → -2.10m NOK (equity ratio -61.1% → -18.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.32m NOK → 2.66m NOK (15% → 14% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 6.64m NOK → 6.50m NOK (-2.0% YoY). Calculated