AIRPORT RETAIL GROUP AS: årsregnskap 2009 vs 2008
Grew 107607% on revenue
approved 2010-06-30; registry 2010-09-14; journal 2010 753440
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AIRPORT RETAIL GROUP AS. Revenue 440.6k NOK → 474.54m NOK (+107607.4%). Equity 1.05m NOK → 1.20m NOK.
On the constructive side: revenue rose; equity strengthened.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AIRPORT RETAIL GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 440.6k NOK to 474.54m NOK (+107607.4% YoY). Calculated
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↑
Equity strengthened
Book equity 1.05m NOK → 1.20m NOK (equity ratio 13.4% → 6.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 2.13m NOK → 1.05m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 55.6k NOK → 57.79m NOK (13% → 12% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 177.2k NOK → 192.64m NOK (+108622.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 711 NOK → 14.25m NOK. Reported fact