FirmaIQ
Org.nr 979 290 837 2002 → 2003 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2003 vs 2002

Grew 32% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AIR LIQUIDE NORWAY AS. Revenue 18.63m NOK → 24.63m NOK (+32.2%). Net result +4.16m NOK → +4.24m NOK. Equity -2.10m NOK → 2.13m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.

At a glance

Scorecard

Revenue
18.63m NOK 24.63m NOK
+32.2%
Operating result
+3.50m NOK +6.17m NOK
+76.2%
Net result
+4.16m NOK +4.24m NOK
+1.8%
Equity
-2.10m NOK 2.13m NOK
+201.4%
Total assets
11.14m NOK 23.74m NOK
+113.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.63m NOK to 24.63m NOK (+32.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.50m NOK → +6.17m NOK (op. margin 18.8% → 25.1%). Calculated

  • ↑

    Equity strengthened

    Book equity -2.10m NOK → 2.13m NOK (equity ratio -18.9% → 9.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.66m NOK → 3.16m NOK (14% → 13% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 6.50m NOK → 8.41m NOK (+29.3% YoY). Calculated