Org.nr 989 254 960 2021 → 2022 Year-over-year analysis

AIRPORT RETAIL GROUP AS: årsregnskap 2022 vs 2021

Grew 2267% on revenue, stronger earnings

approved 2023-06-28; registry 2023-08-22; journal 2023 705272

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIRPORT RETAIL GROUP AS. Revenue 363.9k NOK → 8.61m NOK (+2267.0%). Net result -12.62m NOK → -6.18m NOK. Equity 9.12bn NOK → 9.11bn NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; 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
363.9k NOK 8.61m NOK
+2267.0%
Operating result
-1.77m NOK -2.96m NOK
-67.6%
Net result
-12.62m NOK -6.18m NOK
+51.0%
Equity
9.12bn NOK 9.11bn NOK
-0.1%
Total assets
233.98m NOK 224.18m NOK
-4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 363.9k NOK to 8.61m NOK (+2267.0% YoY). Calculated

  • ↑

    Net result improved

    Net result -12.62m NOK → -6.18m NOK (net margin -3468.1% → -71.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.77m NOK → -2.96m NOK (op. margin -485.7% → -34.4%). Calculated

  • ↓

    Equity eroded

    Book equity 9.12bn NOK → 9.11bn NOK (equity ratio 3898.1% → 4065.8%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 120.95m NOK → 114.77m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 363.9k NOK → 8.64m NOK (+2274.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.21bn NOK → 11.21bn NOK. Reported fact