Org.nr 979 290 837 2008 → 2009 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2009 vs 2008

Grew 8% on revenue

approved 2010-05-05; registry 2010-08-18; journal 2010 597581

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AIR LIQUIDE NORWAY AS. Revenue 91.82m NOK → 99.07m NOK (+7.9%). Net result +15.16m NOK → +12.37m NOK. Equity 17.86m NOK → 20.23m NOK.

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

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

Scorecard

Revenue
91.82m NOK 99.07m NOK
+7.9%
Operating result
+21.26m NOK +16.63m NOK
-21.8%
Net result
+15.16m NOK +12.37m NOK
-18.4%
Equity
17.86m NOK 20.23m NOK
+13.2%
Total assets
103.71m NOK 114.88m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 91.82m NOK to 99.07m NOK (+7.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 17.86m NOK → 20.23m NOK (equity ratio 17.2% → 17.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +21.26m NOK → +16.63m NOK (op. margin 23.2% → 16.8%). Calculated

  • ↓

    Net result weakened

    Net result +15.16m NOK → +12.37m NOK (net margin 16.5% → 12.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 008 NOK → 12.82m NOK (0% → 13% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 32.58m NOK → 35.13m NOK (+7.8% YoY). Calculated