AIRPORT RETAIL NORWAY AS: årsregnskap 2006 vs 2005
Grew 31% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AIRPORT RETAIL NORWAY AS. Revenue 147.06m NOK → 192.65m NOK (+31.0%). Net result -1.38m NOK → +7.12m NOK. Equity 5.78m NOK → 6.49m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL NORWAY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 147.06m NOK to 192.65m NOK (+31.0% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 1.38m NOK to a profit of 7.12m NOK. Calculated
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Equity strengthened
Book equity 5.78m NOK → 6.49m NOK (equity ratio 24.7% → 15.7%). Calculated
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Owners injected capital
Paid-in equity rose 5.78m NOK → 6.49m NOK (+704.5k NOK). Reported fact
Things to notice
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Payroll increased
Salary cost 17.46m NOK → 20.49m NOK (12% → 11% of revenue). Calculated
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COGS moved
COGS / varekostnad 60.65m NOK → 73.26m NOK (+20.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 1.91m NOK → 8.11m NOK. Reported fact