Org.nr 989 254 960 2012 → 2013 Year-over-year analysis

AIRPORT RETAIL GROUP AS: årsregnskap 2013 vs 2012

Grew 188599% on revenue

approved 2014-06-30; registry 2014-09-03; journal 2014 755359

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AIRPORT RETAIL GROUP AS. Revenue 541.9k NOK → 1.02bn NOK (+188599.0%). Equity 342.24m NOK → 298.16m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL GROUP AS.

Scorecard

Revenue
541.9k NOK 1.02bn NOK
+188599.0%
Equity
342.24m NOK 298.16m NOK
-12.9%
Cash
6.04m NOK 47.25m NOK
+681.9%
Total assets
819.20m NOK 735.05m NOK
-10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 541.9k NOK to 1.02bn NOK (+188599.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 6.04m NOK → 47.25m NOK (+681.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 1.13×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 342.24m NOK → 298.16m NOK (equity ratio 41.8% → 40.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 342.24m NOK → 298.16m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 541.9k NOK → 433.44m NOK (+79885.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 NOK → 385.72m NOK. Reported fact