Org.nr 917 997 500 2011 → 2012 Year-over-year analysis

AIR PRODUCTS AS: årsregnskap 2012 vs 2011

Slipped into loss

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AIR PRODUCTS AS. Revenue 243.25m NOK → 245.73m NOK (+1.0%). Net result +38.19m NOK → -49.62m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIR PRODUCTS AS.

At a glance

Revenue

243.25m NOK 245.73m NOK

+1.0%

Operating result

+49.71m NOK +63.70m NOK

+28.1%

Net result

+38.19m NOK -49.62m NOK

-229.9%

Equity

n/m 186.47m NOK

—

Cash

10.49m NOK 11.13m NOK

+6.1%

Total assets

287.01m NOK 299.42m NOK

+4.3%

↑
Revenue rose

Operating income / revenue moved from 243.25m NOK to 245.73m NOK (+1.0% YoY). Calculated
↑
Operating result improved

Operating result +49.71m NOK → +63.70m NOK (op. margin 20.4% → 25.9%). Calculated
↑
Cash rose

Bank deposits 10.49m NOK → 11.13m NOK (+6.1% YoY). Calculated
↑
Payroll decreased

Salary cost 43.99m NOK → 43.46m NOK (18% → 18% of revenue). Calculated

↓
Fell into a net loss

Net result flipped from 38.19m NOK profit to a loss of 49.62m NOK. Calculated

·
COGS fell

COGS / varekostnad 130.75m NOK → 122.79m NOK (-6.1% YoY). Calculated