AIRPORT RETAIL GROUP AS: årsregnskap 2023 vs 2022
Grew 41% on revenue, weaker earnings
approved 2024-06-28; registry 2024-08-01; journal 2024 690328
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIRPORT RETAIL GROUP AS. Revenue 8.61m NOK → 12.17m NOK (+41.3%). Net result -6.18m NOK → -22.57m NOK. Equity 9.11bn NOK → 95.22m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net 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.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.61m NOK to 12.17m NOK (+41.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -2.96m NOK → -4.22m NOK (op. margin -34.4% → -34.6%). Calculated
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↓
Net result weakened
Net result -6.18m NOK → -22.57m NOK (net margin -71.7% → -185.4%). Calculated
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↓
Equity eroded
Book equity 9.11bn NOK → 95.22m NOK (equity ratio 4065.8% → 43.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 114.77m NOK → 95.22m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 8.64m NOK → 12.21m NOK (+41.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 11.21bn NOK → 11.19bn NOK. Reported fact