FirmaIQ
Org.nr 979 290 837 2018 → 2019 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-04-30; registry 2020-06-02; journal 2020 380892

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIR LIQUIDE NORWAY AS. Revenue 166.15m NOK → 160.25m NOK (-3.6%). Net result +27.26m NOK → +19.15m NOK. Equity 58.58m NOK → 55.72m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
166.15m NOK 160.25m NOK
-3.6%
Operating result
n/m +25.08m NOK
—
Net result
+27.26m NOK +19.15m NOK
-29.7%
Equity
58.58m NOK 55.72m NOK
-4.9%
Cash
8.23m NOK 11.63m NOK
+41.3%
Total assets
132.69m NOK 132.42m NOK
-0.2%

What improved

  • ↑

    Cash rose

    Bank deposits 8.23m NOK → 11.63m NOK (+41.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 166.15m NOK to 160.25m NOK (-3.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +27.26m NOK → +19.15m NOK (net margin 16.4% → 12.0%). Calculated

  • ↓

    Equity eroded

    Book equity 58.58m NOK → 55.72m NOK (equity ratio 44.1% → 42.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 22.19m NOK → 22.47m NOK (13% → 14% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 51.76m NOK → 53.14m NOK (+2.7% YoY). Calculated