AIRPORT RETAIL GROUP AS: årsregnskap 2017 vs 2016
Shrank 34% on revenue, slipped into loss
approved 2018-06-30; registry 2018-08-02; journal 2018 853725
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AIRPORT RETAIL GROUP AS. Revenue 33.4k NOK → 22.0k NOK (-34.2%). Net result +20.83m NOK → -492.0k NOK. Equity 173.79m NOK → 172.78m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL GROUP AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 8.36m NOK → 13.88m NOK (+65.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 33.4k NOK to 22.0k NOK (-34.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +24.32m NOK → +3.34m NOK (op. margin 72764.8% → 15200.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 20.83m NOK profit to a loss of 492.0k NOK. Calculated
-
↓
Equity eroded
Book equity 173.79m NOK → 172.78m NOK (equity ratio 26.2% → 26.6%). Calculated
-
↓
COGS moved
COGS / varekostnad 329 NOK → 472.16m NOK (+143513881.8% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 173.79m NOK → 172.78m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 612.44m NOK → 607.87m NOK. Reported fact