AIR LIQUIDE OFFSHORE AS: årsregnskap 2012 vs 2011
Grew 223307% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AIR LIQUIDE OFFSHORE AS. Revenue 7 409 NOK → 16.55m NOK (+223306.9%). Net result -1 649 NOK → +198.8k NOK. Equity 3 350 NOK → 179.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AIR LIQUIDE OFFSHORE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7 409 NOK to 16.55m NOK (+223306.9% YoY). Calculated
-
↑
Operating result improved
Operating result -2 265 NOK → +292.0k NOK (op. margin -30.6% → 1.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 1 649 NOK to a profit of 198.8k NOK. Calculated
-
↑
Equity strengthened
Book equity 3 350 NOK → 179.1k NOK (equity ratio 64.6% → 1.5%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 6 NOK → 1.48m NOK (+1.48m NOK). Reported fact
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1 851 NOK → 2.40m NOK (25% → 14% of revenue). Calculated