AIRPORT RETAIL NORWAY AS: årsregnskap 2007 vs 2006
Grew 39% on revenue, stronger earnings
approved 2008-05-23; registry 2008-08-21
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AIRPORT RETAIL NORWAY AS. Revenue 192.65m NOK → 267.76m NOK (+39.0%). Net result +7.12m NOK → +17.15m NOK. Equity 6.49m NOK → 8.45m NOK.
On the constructive side: revenue rose; net result improved; 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 192.65m NOK to 267.76m NOK (+39.0% YoY). Calculated
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↑
Net result improved
Net result +7.12m NOK → +17.15m NOK (net margin 3.7% → 6.4%). Calculated
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↑
Equity strengthened
Book equity 6.49m NOK → 8.45m NOK (equity ratio 15.7% → 13.5%). Calculated
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Cash rose
Bank deposits 13.18m NOK → 17.29m NOK (+31.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 20.49m NOK → 24.52m NOK (11% → 9% of revenue). Calculated
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COGS moved
COGS / varekostnad 73.26m NOK → 103.44m NOK (+41.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.11m NOK → 16.54m NOK. Reported fact