FirmaIQ
Org.nr 979 290 837 2017 → 2018 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-03-30; registry 2019-07-15; journal 2019 706168

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIR LIQUIDE NORWAY AS. Revenue 168.66m NOK → 166.15m NOK (-1.5%). Net result +14.08m NOK → +27.26m NOK. Equity 40.82m NOK → 58.58m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
168.66m NOK 166.15m NOK
-1.5%
Net result
+14.08m NOK +27.26m NOK
+93.6%
Equity
40.82m NOK 58.58m NOK
+43.5%
Cash
4.25m NOK 8.23m NOK
+93.6%
Total assets
133.48m NOK 132.69m NOK
-0.6%

What improved

  • ↑

    Net result improved

    Net result +14.08m NOK → +27.26m NOK (net margin 8.3% → 16.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 40.82m NOK → 58.58m NOK (equity ratio 30.6% → 44.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.25m NOK → 8.23m NOK (+93.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 168.66m NOK to 166.15m NOK (-1.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 21.52m NOK → 22.19m NOK (13% → 13% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 61.71m NOK → 51.76m NOK (-16.1% YoY). Calculated