AIRPORT RETAIL NORWAY AS: årsregnskap 2008 vs 2007
Grew 33% on revenue
approved 2009-05-14; registry 2009-06-25
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AIRPORT RETAIL NORWAY AS. Revenue 267.76m NOK → 357.34m NOK (+33.5%). Net result +17.15m NOK → +17.70m NOK. Equity 8.45m NOK → 10.33m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. 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 267.76m NOK to 357.34m NOK (+33.5% YoY). Calculated
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↑
Equity strengthened
Book equity 8.45m NOK → 10.33m NOK (equity ratio 13.5% → 10.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.79× → 1.01×. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 6.49m NOK → 5.78m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 24.52m NOK → 34.06m NOK (9% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 103.44m NOK → 136.22m NOK (+31.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 16.54m NOK → 19.24m NOK. Reported fact