AIR-PRODUCT NORGE AS: årsregnskap 2013 vs 2012
Shrank 94% on revenue, stronger earnings
approved 2014-05-26; registry 2014-06-21; journal 2014 482438
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AIR-PRODUCT NORGE AS. Revenue 914.1k NOK → 56.3k NOK (-93.8%). Net result +131.7k NOK → +655.0k NOK. Equity 150.3k NOK → 805.3k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +181.6k NOK → +953.8k NOK (op. margin 19.9% → 1694.9%). Calculated
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↑
Net result improved
Net result +131.7k NOK → +655.0k NOK (net margin 14.4% → 1163.9%). Calculated
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↑
Equity strengthened
Book equity 150.3k NOK → 805.3k NOK (equity ratio 14.5% → 20.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 914.1k NOK to 56.3k NOK (-93.8% YoY). Calculated
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↓
Cash fell
Bank deposits 207.7k NOK → 132.6k NOK (-36.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 123 NOK → 1.52m NOK (0% → 2708% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 508.9k NOK → 804.2k NOK (+58.0% YoY). Calculated