AIR LIQUIDE NORWAY AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, slipped into loss, cash halved-plus
approved 2023-04-26; registry 2023-06-22; journal 2023 494703
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIR LIQUIDE NORWAY AS. Revenue 167.22m NOK → 193.34m NOK (+15.6%). Net result +7.73m NOK → -14.02m NOK. Equity 80.07m NOK → 66.05m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 167.22m NOK to 193.34m NOK (+15.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +16.24m NOK → -23.39m NOK (op. margin 9.7% → -12.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 7.73m NOK profit to a loss of 14.02m NOK. Calculated
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↓
Equity eroded
Book equity 80.07m NOK → 66.05m NOK (equity ratio 45.0% → 42.8%). Calculated
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↓
Cash fell
Bank deposits 1.54m NOK → 465.9k NOK (-69.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.54m NOK → 465.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 24.86m NOK → 29.42m NOK (15% → 15% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 55.51m NOK → 58.60m NOK (+5.6% YoY). Calculated