FirmaIQ
Org.nr 979 290 837 2016 → 2017 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2017 vs 2016

Grew 12% on revenue, cash halved-plus

approved 2018-05-28; registry 2018-07-18; journal 2018 718260

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIR LIQUIDE NORWAY AS. Revenue 150.60m NOK → 168.66m NOK (+12.0%). Net result +12.44m NOK → +14.08m NOK. Equity 37.71m NOK → 40.82m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
150.60m NOK 168.66m NOK
+12.0%
Net result
+12.44m NOK +14.08m NOK
+13.2%
Equity
37.71m NOK 40.82m NOK
+8.3%
Cash
8.61m NOK 4.25m NOK
-50.7%
Total assets
143.97m NOK 133.48m NOK
-7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 150.60m NOK to 168.66m NOK (+12.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +12.44m NOK → +14.08m NOK (net margin 8.3% → 8.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 37.71m NOK → 40.82m NOK (equity ratio 26.2% → 30.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 22.44m NOK → 21.52m NOK (15% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.61m NOK → 4.25m NOK (-50.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 53.41m NOK → 61.71m NOK (+15.5% YoY). Calculated