FirmaIQ
Org.nr 989 254 960 2017 → 2018 Year-over-year analysis

AIRPORT RETAIL GROUP AS: årsregnskap 2018 vs 2017

Shrank 32% on revenue, returned to profit

approved 2019-06-19; registry 2019-08-06; journal 2019 870276

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRPORT RETAIL GROUP AS. Revenue 22.0k NOK → 15.0k NOK (-31.8%). Net result -492.0k NOK → +6 000 NOK. Equity 172.78m NOK → 172.79m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL GROUP AS.

At a glance

Scorecard

Revenue
22.0k NOK 15.0k NOK
-31.8%
Operating result
+3.34m NOK +17.57m NOK
+425.5%
Net result
-492.0k NOK +6 000 NOK
+101.2%
Equity
172.78m NOK 172.79m NOK
+0.0%
Cash
13.88m NOK 9.47m NOK
-31.8%
Total assets
648.84m NOK 698.5k NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result +3.34m NOK → +17.57m NOK (op. margin 15200.0% → 117160.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 492.0k NOK to a profit of 6 000 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 172.78m NOK → 172.79m NOK (equity ratio 26.6% → 24738.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.0k NOK to 15.0k NOK (-31.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 13.88m NOK → 9.47m NOK (-31.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 472.16m NOK → 2 000 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 607.87m NOK → 621.2k NOK. Reported fact