AIR PRODUCTS AS: årsregnskap 2025 vs 2024
Grew 18% on revenue, stronger earnings
registry 2026-02-19; journal 2026 314025
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AIR PRODUCTS AS. Revenue 815.13m NOK → 958.81m NOK (+17.6%). Net result +171.18m NOK → +208.21m NOK. Equity 351.02m NOK → 559.23m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIR PRODUCTS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 815.13m NOK to 958.81m NOK (+17.6% YoY). Calculated
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Operating result improved
Operating result +224.32m NOK → +261.56m NOK (op. margin 27.5% → 27.3%). Calculated
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Net result improved
Net result +171.18m NOK → +208.21m NOK (net margin 21.0% → 21.7%). Calculated
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Equity strengthened
Book equity 351.02m NOK → 559.23m NOK (equity ratio 59.8% → 70.2%). Calculated
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Cash rose
Bank deposits 8.12m NOK → 55.19m NOK (+579.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 5.11bn NOK → 6.14bn NOK (627% → 640% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.44bn NOK → 3.52bn NOK (+2.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 3 500 NOK. Reported fact