AIRPORT RETAIL GROUP AS: årsregnskap 2024 vs 2023
Shrank 96% on revenue, stronger earnings
approved 2025-06-06; registry 2025-07-24; journal 2025 689966
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AIRPORT RETAIL GROUP AS. Revenue 12.17m NOK → 479.7k NOK (-96.1%). Net result -22.57m NOK → -5.04m NOK. Equity 95.22m NOK → 90.17m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; 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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Net result improved
Net result -22.57m NOK → -5.04m NOK (net margin -185.4% → -1051.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.17m NOK to 479.7k NOK (-96.1% YoY). Calculated
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↓
Operating result weakened
Operating result -4.22m NOK → -5.00m NOK (op. margin -34.6% → -1042.8%). Calculated
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↓
Equity eroded
Book equity 95.22m NOK → 90.17m NOK (equity ratio 43.9% → 35.0%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 95.22m NOK → 90.17m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 12.21m NOK → 2.48m NOK (-79.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 11.19bn NOK → 10.22bn NOK. Reported fact