Org.nr 917 997 500 2007 → 2008 Year-over-year analysis

AIR PRODUCTS AS: årsregnskap 2008 vs 2007

Grew 14% on revenue, stronger earnings

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AIR PRODUCTS AS. Revenue 348.57m NOK → 396.53m NOK (+13.8%). Net result 0 NOK → +36.51m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR PRODUCTS AS.

At a glance

Revenue

348.57m NOK 396.53m NOK

+13.8%

Operating result

+34.14m NOK +49.06m NOK

+43.7%

Net result

0 NOK +36.51m NOK

—

Equity

96.99m NOK n/m

—

Cash

2.44m NOK 10.22m NOK

+319.1%

Total assets

194.83m NOK 277.25m NOK

+42.3%

↑
Revenue rose

Operating income / revenue moved from 348.57m NOK to 396.53m NOK (+13.8% YoY). Calculated
↑
Operating result improved

Operating result +34.14m NOK → +49.06m NOK (op. margin 9.8% → 12.4%). Calculated
↑
Net result improved

Net result 0 NOK → +36.51m NOK (net margin 0.0% → 9.2%). Calculated
↑
Cash rose

Bank deposits 2.44m NOK → 10.22m NOK (+319.1% YoY). Calculated

·
Payroll increased

Salary cost 44.44m NOK → 54.17m NOK (13% → 14% of revenue). Calculated
·
COGS moved

COGS / varekostnad 252.77m NOK → 275.26m NOK (+8.9% YoY). Calculated