FirmaIQ
Org.nr 979 290 837 2020 → 2021 Year-over-year analysis

AIR LIQUIDE NORWAY AS: årsregnskap 2021 vs 2020

Grew 10% on revenue, weaker earnings

approved 2022-04-26; registry 2022-08-25; journal 2022 898936

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AIR LIQUIDE NORWAY AS. Revenue 152.69m NOK → 167.22m NOK (+9.5%). Net result +16.62m NOK → +7.73m NOK. Equity 72.34m NOK → 80.07m NOK.

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

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

At a glance

Scorecard

Revenue
152.69m NOK 167.22m NOK
+9.5%
Operating result
+21.59m NOK +16.24m NOK
-24.8%
Net result
+16.62m NOK +7.73m NOK
-53.5%
Equity
72.34m NOK 80.07m NOK
+10.7%
Cash
2.28m NOK 1.54m NOK
-32.3%
Total assets
163.16m NOK 177.74m NOK
+8.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 152.69m NOK to 167.22m NOK (+9.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 72.34m NOK → 80.07m NOK (equity ratio 44.3% → 45.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +21.59m NOK → +16.24m NOK (op. margin 14.1% → 9.7%). Calculated

  • ↓

    Net result weakened

    Net result +16.62m NOK → +7.73m NOK (net margin 10.9% → 4.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.28m NOK → 1.54m NOK (-32.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 22.94m NOK → 24.86m NOK (15% → 15% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 57.90m NOK → 55.51m NOK (-4.1% YoY). Calculated