FirmaIQ
Org.nr 980 599 299 2001 → 2002 Year-over-year analysis

AIRPORT HOTELLDRIFT AS: årsregnskap 2002 vs 2001

Mixed movements in the accounts

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for AIRPORT HOTELLDRIFT AS. Revenue 17.48m NOK → 18.06m NOK (+3.3%). Equity -8.84m NOK → -10.76m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRPORT HOTELLDRIFT AS.

At a glance

Scorecard

Revenue
17.48m NOK 18.06m NOK
+3.3%
Operating result
-3.75m NOK -1.75m NOK
+53.4%
Equity
-8.84m NOK -10.76m NOK
-21.8%
Total assets
1.92m NOK 1.42m NOK
-25.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.48m NOK to 18.06m NOK (+3.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3.75m NOK → -1.75m NOK (op. margin -21.4% → -9.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.76m NOK → 6.31m NOK (39% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -8.84m NOK → -10.76m NOK (equity ratio -461.4% → -756.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -756.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation