FirmaIQ
Org.nr 979 290 837 2014 → 2015 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-05-19; registry 2016-06-01; journal 2016 459453

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AIR LIQUIDE NORWAY AS. Revenue 159.47m NOK → 152.67m NOK (-4.3%). Equity 40.76m NOK → 35.27m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.

At a glance

Scorecard

Revenue
159.47m NOK 152.67m NOK
-4.3%
Equity
40.76m NOK 35.27m NOK
-13.5%
Cash
8.81m NOK 1.92m NOK
-78.2%
Total assets
183.70m NOK 171.99m NOK
-6.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 159.47m NOK to 152.67m NOK (-4.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 40.76m NOK → 35.27m NOK (equity ratio 22.2% → 20.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.81m NOK → 1.92m NOK (-78.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 23.31m NOK → 24.67m NOK (15% → 16% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.81m NOK → 1.92m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 55.62m NOK → 53.58m NOK (-3.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.64m NOK → 8 642 NOK. Reported fact