AIRPORT CAFE AS: årsregnskap 2018 vs 2017
Grew 158% on revenue, stronger earnings, cash halved-plus
approved 2019-06-25; registry 2019-07-02; journal 2019 592375
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRPORT CAFE AS. Revenue 2.29m NOK → 5.92m NOK (+158.5%). Net result +59.6k NOK → +457.9k NOK. Equity 163.9k NOK → 621.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. 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 2.29m NOK to 5.92m NOK (+158.5% YoY). Calculated
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↑
Operating result improved
Operating result +78.2k NOK → +600.4k NOK (op. margin 3.4% → 10.1%). Calculated
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Net result improved
Net result +59.6k NOK → +457.9k NOK (net margin 2.6% → 7.7%). Calculated
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↑
Equity strengthened
Book equity 163.9k NOK → 621.8k NOK (equity ratio 316.7% → 31.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 497.1k NOK → 60.6k NOK (-87.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.09m NOK → 2.56m NOK (47% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 883.2k NOK → 892.5k NOK (+1.1% YoY). Calculated