AIR LIQUIDE OFFSHORE AS: årsregnskap 2014 vs 2013
Grew 58% on revenue, stronger earnings
approved 2015-05-21; registry 2015-06-25; journal 2015 519120
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIR LIQUIDE OFFSHORE AS. Revenue 28.47m NOK → 44.85m NOK (+57.5%). Net result +533.6k NOK → +9.08m NOK. Equity 3.18m NOK → 12.26m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIR LIQUIDE OFFSHORE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 28.47m NOK to 44.85m NOK (+57.5% YoY). Calculated
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Net result improved
Net result +533.6k NOK → +9.08m NOK (net margin 1.9% → 20.2%). Calculated
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Equity strengthened
Book equity 3.18m NOK → 12.26m NOK (equity ratio 19.1% → 57.8%). Calculated
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Cash rose
Bank deposits 1.68m NOK → 1.94m NOK (+15.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3.37m NOK → 5.06m NOK (12% → 11% of revenue). Calculated
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COGS fell
COGS / varekostnad 17.97m NOK → 18.1k NOK (-99.9% YoY). Calculated