FirmaIQ
Org.nr 917 997 500 2017 → 2018 Year-over-year analysis

AIR PRODUCTS AS: årsregnskap 2018 vs 2017

Grew 25% on revenue

approved 2019-02-21; registry 2019-07-13; journal 2019 687631

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIR PRODUCTS AS. Revenue 230.56m NOK → 288.24m NOK (+25.0%). Net result +39.35m NOK → +46.51m NOK. Equity 295.83m NOK → 342.33m NOK.

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

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

At a glance

Scorecard

Revenue
230.56m NOK 288.24m NOK
+25.0%
Operating result
+39.80m NOK n/m
—
Net result
+39.35m NOK +46.51m NOK
+18.2%
Equity
295.83m NOK 342.33m NOK
+15.7%
Cash
32.60m NOK 38.17m NOK
+17.1%
Total assets
387.72m NOK 439.95m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 230.56m NOK to 288.24m NOK (+25.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +39.35m NOK → +46.51m NOK (net margin 17.1% → 16.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 295.83m NOK → 342.33m NOK (equity ratio 76.3% → 77.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 32.60m NOK → 38.17m NOK (+17.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 51.26m NOK → 58.84m NOK (22% → 20% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 121.85m NOK → 149.38m NOK (+22.6% YoY). Calculated