AIRPORT CAFE AS: årsregnskap 2017 vs 2016
Grew 8% on revenue
approved 2018-06-27; registry 2018-07-03; journal 2018 613887
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRPORT CAFE AS. Revenue 2.13m NOK → 2.29m NOK (+7.5%). Net result +59.4k NOK → +59.6k NOK. Equity 104.3k NOK → 163.9k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIRPORT CAFE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.13m NOK to 2.29m NOK (+7.5% YoY). Calculated
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↑
Equity strengthened
Book equity 104.3k NOK → 163.9k NOK (equity ratio 20.8% → 316.7%). Calculated
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↑
Cash rose
Bank deposits 194.8k NOK → 497.1k NOK (+155.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +79.3k NOK → +78.2k NOK (op. margin 3.7% → 3.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 935.3k NOK → 1.09m NOK (44% → 47% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 902.2k NOK → 883.2k NOK (-2.1% YoY). Calculated