Org.nr 999 156 142 2022 → 2023 Year-over-year analysis

AIR-PRODUCT NORGE AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-05-10; registry 2024-06-06; journal 2024 431844

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIR-PRODUCT NORGE AS. Revenue 27.41m NOK → 27.45m NOK (+0.1%). Net result +744.6k NOK → +899.8k NOK. Equity 2.01m NOK → 1.91m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

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

Scorecard

Revenue
27.41m NOK 27.45m NOK
+0.1%
Operating result
+1 108 NOK n/m
—
Net result
+744.6k NOK +899.8k NOK
+20.9%
Equity
2.01m NOK 1.91m NOK
-5.0%
Cash
838.4k NOK 1.63m NOK
+94.9%
Total assets
6.76m NOK 9.63m NOK
+42.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.41m NOK to 27.45m NOK (+0.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +744.6k NOK → +899.8k NOK (net margin 2.7% → 3.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 838.4k NOK → 1.63m NOK (+94.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.01m NOK → 1.91m NOK (equity ratio 29.8% → 19.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 22.61m NOK → 23.07m NOK (+2.1% YoY). Calculated