FirmaIQ
Org.nr 999 156 142 2021 → 2022 Year-over-year analysis

AIR-PRODUCT NORGE AS: årsregnskap 2022 vs 2021

Grew 82% on revenue, stronger earnings

approved 2023-06-26; registry 2023-07-13; journal 2023 576262

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AIR-PRODUCT NORGE AS. Revenue 15.04m NOK → 27.41m NOK (+82.2%). Net result +426.4k NOK → +744.6k NOK. Equity 1.67m NOK → 2.01m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIR-PRODUCT NORGE AS.

At a glance

Scorecard

Revenue
15.04m NOK 27.41m NOK
+82.2%
Operating result
+560.7k NOK +1 108 NOK
-99.8%
Net result
+426.4k NOK +744.6k NOK
+74.6%
Equity
1.67m NOK 2.01m NOK
+20.7%
Cash
524.2k NOK 838.4k NOK
+60.0%
Total assets
3.92m NOK 6.76m NOK
+72.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.04m NOK to 27.41m NOK (+82.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +426.4k NOK → +744.6k NOK (net margin 2.8% → 2.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.67m NOK → 2.01m NOK (equity ratio 42.5% → 29.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 524.2k NOK → 838.4k NOK (+60.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +560.7k NOK → +1 108 NOK (op. margin 3.7% → 0.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 11.33m NOK → 22.61m NOK (+99.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 117.5k NOK → 0 NOK. Reported fact