AIR-PRODUCT NORGE AS: årsregnskap 2014 vs 2013
Grew 18598% on revenue, weaker earnings
approved 2015-06-16; registry 2015-07-02; journal 2015 549467
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIR-PRODUCT NORGE AS. Revenue 56.3k NOK → 10.52m NOK (+18597.6%). Net result +655.0k NOK → +89.9k NOK. Equity 805.3k NOK → 695.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR-PRODUCT NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 56.3k NOK to 10.52m NOK (+18597.6% YoY). Calculated
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↑
Cash rose
Bank deposits 132.6k NOK → 237.8k NOK (+79.4% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +655.0k NOK → +89.9k NOK (net margin 1163.9% → 0.9%). Calculated
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↓
Equity eroded
Book equity 805.3k NOK → 695.3k NOK (equity ratio 20.5% → 16.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.52m NOK → 2.97m NOK (2708% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 804.2k NOK → 5.45m NOK (+578.0% YoY). Calculated