FirmaIQ
Org.nr 999 156 142 2023 → 2024 Year-over-year analysis

AIR-PRODUCT NORGE AS: årsregnskap 2024 vs 2023

Grew 20% on revenue, weaker earnings

approved 2025-04-22; registry 2025-05-12; journal 2025 390976

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for AIR-PRODUCT NORGE AS. Revenue 27.45m NOK → 32.87m NOK (+19.7%). Net result +899.8k NOK → +673.1k NOK. Equity 1.91m NOK → 2.59m NOK.

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

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

At a glance

Scorecard

Revenue
27.45m NOK 32.87m NOK
+19.7%
Operating result
n/m +2.27m NOK
—
Net result
+899.8k NOK +673.1k NOK
-25.2%
Equity
1.91m NOK 2.59m NOK
+35.2%
Cash
1.63m NOK 3.41m NOK
+108.7%
Total assets
9.63m NOK 8.79m NOK
-8.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.45m NOK to 32.87m NOK (+19.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.91m NOK → 2.59m NOK (equity ratio 19.9% → 29.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.63m NOK → 3.41m NOK (+108.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +899.8k NOK → +673.1k NOK (net margin 3.3% → 2.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 23.07m NOK → 26.59m NOK (+15.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2. Reported fact