AIRPORT CAFE AS: årsregnskap 2021 vs 2020
Grew 9% on revenue, stronger earnings
approved 2022-05-27; registry 2022-07-20; journal 2022 672515
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRPORT CAFE AS. Revenue 6.94m NOK → 7.59m NOK (+9.3%). Net result +373 NOK → +157.5k NOK. Equity 150.7k NOK → 1.31m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
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 6.94m NOK to 7.59m NOK (+9.3% YoY). Calculated
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↑
Net result improved
Net result +373 NOK → +157.5k NOK (net margin 0.0% → 2.1%). Calculated
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↑
Equity strengthened
Book equity 150.7k NOK → 1.31m NOK (equity ratio 6.1% → 41.1%). Calculated
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↑
Cash rose
Bank deposits 1.11m NOK → 1.44m NOK (+29.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +475.7k NOK → +200.8k NOK (op. margin 6.8% → 2.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.24m NOK → 3.62m NOK (47% → 48% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.02m NOK → 2.41m NOK (+19.6% YoY). Calculated