AIRPORT HOTEL AS: årsregnskap 2004 vs 2003
Shrank 4378% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AIRPORT HOTEL AS. Revenue 997.1k NOK → -42.66m NOK (-4378.4%). Net result +34.5k NOK → +2 004 NOK. Equity 157.15m NOK → 6.10m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
997.1k NOK
-42.66m NOK
-4378.4%
Operating result
+152.82m NOK
-179.7k NOK
-100.1%
Net result
+34.5k NOK
+2 004 NOK
-94.2%
Equity
157.15m NOK
6.10m NOK
-96.1%
Total assets
258.10m NOK
1.10m NOK
-99.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 997.1k NOK to -42.66m NOK (-4378.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +152.82m NOK → -179.7k NOK (op. margin 15325.8% → 0.4%). Calculated
-
↓
Net result weakened
Net result +34.5k NOK → +2 004 NOK (net margin 3.5% → -0.0%). Calculated
-
↓
Equity eroded
Book equity 157.15m NOK → 6.10m NOK (equity ratio 60.9% → 554.5%). Calculated