AIRPORT HOTEL AS: årsregnskap 1997 vs 1996
Stronger earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AIRPORT HOTEL AS. Net result +1.18m NOK → +23.46m NOK. Equity 1.76m NOK → 1.18m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRPORT HOTEL AS.
At a glance
Scorecard
Operating result
+1.16m NOK
+728.5k NOK
-37.3%
Net result
+1.18m NOK
+23.46m NOK
+1890.7%
Equity
1.76m NOK
1.18m NOK
-32.9%
Total assets
1.86m NOK
26.41m NOK
+1321.5%
What improved
-
↑
Net result improved
Net result +1.18m NOK → +23.46m NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1.16m NOK → +728.5k NOK. Calculated
-
↓
Equity eroded
Book equity 1.76m NOK → 1.18m NOK (equity ratio 94.9% → 4.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation