FirmaIQ
Org.nr 979 290 837 2019 → 2020 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-04-26; registry 2021-06-12; journal 2021 289146

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIR LIQUIDE NORWAY AS. Revenue 160.25m NOK → 152.69m NOK (-4.7%). Net result +19.15m NOK → +16.62m NOK. Equity 55.72m NOK → 72.34m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.

At a glance

Scorecard

Revenue
160.25m NOK 152.69m NOK
-4.7%
Operating result
+25.08m NOK +21.59m NOK
-13.9%
Net result
+19.15m NOK +16.62m NOK
-13.2%
Equity
55.72m NOK 72.34m NOK
+29.8%
Cash
11.63m NOK 2.28m NOK
-80.4%
Total assets
132.42m NOK 163.16m NOK
+23.2%

What improved

  • ↑

    Equity strengthened

    Book equity 55.72m NOK → 72.34m NOK (equity ratio 42.1% → 44.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 160.25m NOK to 152.69m NOK (-4.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +25.08m NOK → +21.59m NOK (op. margin 15.6% → 14.1%). Calculated

  • ↓

    Net result weakened

    Net result +19.15m NOK → +16.62m NOK (net margin 12.0% → 10.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.63m NOK → 2.28m NOK (-80.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 22.47m NOK → 22.94m NOK (14% → 15% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (11.63m NOK → 2.28m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation