AIRPORT RETAIL GROUP AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, slipped into loss
approved 2020-04-18; registry 2020-10-14; journal 2020 940800
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIRPORT RETAIL GROUP AS. Revenue 15.0k NOK → 0 NOK (-100.0%). Net result +6 000 NOK → -6.30m NOK. Equity 172.79m NOK → 9.17bn NOK.
On the constructive side: equity strengthened; current ratio back above 1×. 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
-
↑
Equity strengthened
Book equity 172.79m NOK → 9.17bn NOK (equity ratio 24738.5% → 3910.5%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.57× → 3994495.69×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 15.0k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +17.57m NOK → -2.26m NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 6 000 NOK profit to a loss of 6.30m NOK. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 172.78m NOK → 166.49m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 621.2k NOK → 13.18bn NOK. Reported fact