AIR-PRODUCT NORGE AS: årsregnskap 2017 vs 2016
Shrank 8% on revenue, weaker earnings, fresh owner capital
approved 2018-05-08; registry 2018-06-13; journal 2018 467282
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIR-PRODUCT NORGE AS. Revenue 14.39m NOK → 13.19m NOK (-8.3%). Net result +823.1k NOK → +225.0k NOK. Equity 2.17m NOK → 2.40m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR-PRODUCT NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +1 102 NOK → +273.3k NOK (op. margin 0.0% → 2.1%). Calculated
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↑
Equity strengthened
Book equity 2.17m NOK → 2.40m NOK (equity ratio 44.5% → 49.8%). Calculated
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↑
Cash rose
Bank deposits 26.5k NOK → 1.00m NOK (+3681.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 18.5k NOK → 30.0k NOK (+11.5k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.39m NOK to 13.19m NOK (-8.3% YoY). Calculated
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↓
Net result weakened
Net result +823.1k NOK → +225.0k NOK (net margin 5.7% → 1.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.54m NOK → 7.02m NOK (-6.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.1k NOK → 100.0k NOK. Reported fact