AIRPORT RETAIL GROUP AS: årsregnskap 2016 vs 2015
Shrank 89% on revenue
approved 2017-06-23; registry 2017-08-05; journal 2017 822484
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AIRPORT RETAIL GROUP AS. Revenue 312.9k NOK → 33.4k NOK (-89.3%). Equity 183.12m NOK → 173.79m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL GROUP AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 0 NOK → 8.36m NOK (None YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 312.9k NOK to 33.4k NOK (-89.3% YoY). Calculated
-
↓
Equity eroded
Book equity 183.12m NOK → 173.79m NOK (equity ratio 26.8% → 26.2%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 13.16bn NOK → 13.18bn NOK (4207596% → 39425786% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 183.12m NOK → 173.79m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 329.2k NOK → 329 NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 623.77m NOK → 612.44m NOK. Reported fact