AIR-PRODUCT NORGE AS: årsregnskap 2015 vs 2014
Grew 36% on revenue, stronger earnings
approved 2016-06-01; registry 2016-07-30; journal 2016 761908
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AIR-PRODUCT NORGE AS. Revenue 10.52m NOK → 14.28m NOK (+35.7%). Net result +89.9k NOK → +551.7k NOK. Equity 695.3k NOK → 2.05m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
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
-
↑
Revenue rose
Operating income / revenue moved from 10.52m NOK to 14.28m NOK (+35.7% YoY). Calculated
-
↑
Net result improved
Net result +89.9k NOK → +551.7k NOK (net margin 0.9% → 3.9%). Calculated
-
↑
Equity strengthened
Book equity 695.3k NOK → 2.05m NOK (equity ratio 16.0% → 38.9%). Calculated
-
↑
Cash rose
Bank deposits 237.8k NOK → 498.5k NOK (+109.6% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.97m NOK → 4.18m NOK (28% → 29% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 5.45m NOK → 8.05m NOK (+47.7% YoY). Calculated