FirmaIQ
Org.nr 980 599 299 2017 → 2018 Year-over-year analysis

AIRPORT HOTELLDRIFT AS: årsregnskap 2018 vs 2017

Grew 17% on revenue, stronger earnings, cash halved-plus

approved 2019-06-21; registry 2019-07-16; journal 2019 721398

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRPORT HOTELLDRIFT AS. Revenue 41.56m NOK → 48.46m NOK (+16.6%). Net result +22.5k NOK → +76.2k NOK. Equity 11.34m NOK → 11.28m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRPORT HOTELLDRIFT AS.

At a glance

Scorecard

Revenue
41.56m NOK 48.46m NOK
+16.6%
Net result
+22.5k NOK +76.2k NOK
+239.0%
Equity
11.34m NOK 11.28m NOK
-0.5%
Cash
969.3k NOK 411.9k NOK
-57.5%
Total assets
17.16m NOK 21.11m NOK
+23.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.56m NOK to 48.46m NOK (+16.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +22.5k NOK → +76.2k NOK (net margin 0.1% → 0.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.34m NOK → 11.28m NOK (equity ratio 66.1% → 53.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 969.3k NOK → 411.9k NOK (-57.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 15.88m NOK → 18.03m NOK (38% → 37% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.68m NOK → 5.17m NOK (+10.5% YoY). Calculated