FirmaIQ
Org.nr 980 599 299 2018 → 2019 Year-over-year analysis

AIRPORT HOTELLDRIFT AS: årsregnskap 2019 vs 2018

Grew 7% on revenue, slipped into loss

approved 2020-06-22; registry 2020-09-29; journal 2020 872593

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIRPORT HOTELLDRIFT AS. Revenue 48.46m NOK → 51.95m NOK (+7.2%). Net result +76.2k NOK → -4.14m NOK. Equity 11.28m NOK → 11.33m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss.

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
48.46m NOK 51.95m NOK
+7.2%
Operating result
n/m -5.29m NOK
—
Net result
+76.2k NOK -4.14m NOK
-5533.7%
Equity
11.28m NOK 11.33m NOK
+0.5%
Cash
411.9k NOK 3.06m NOK
+642.9%
Total assets
21.11m NOK 25.43m NOK
+20.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.46m NOK to 51.95m NOK (+7.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.28m NOK → 11.33m NOK (equity ratio 53.4% → 44.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 411.9k NOK → 3.06m NOK (+642.9% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 76.2k NOK profit to a loss of 4.14m NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 18.03m NOK → 19.51m NOK (37% → 38% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.17m NOK → 5.45m NOK (+5.4% YoY). Calculated