Org.nr 986 958 142 2011 → 2012 Year-over-year analysis

AIRPORT RETAIL NORWAY AS: årsregnskap 2012 vs 2011

Grew 114106% on revenue, fresh owner capital

approved 2013-06-06; registry 2013-09-14; journal 2013 805280

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AIRPORT RETAIL NORWAY AS. Revenue 530.2k NOK → 605.57m NOK (+114106.4%). Equity 25.68m NOK → 403.14m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRPORT RETAIL NORWAY AS.

Scorecard

Revenue
530.2k NOK 605.57m NOK
+114106.4%
Net result
+40.56m NOK n/m
—
Equity
25.68m NOK 403.14m NOK
+1470.1%
Cash
2.80m NOK 3.66m NOK
+30.9%
Total assets
186.2k NOK 575.53m NOK
+308973.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 530.2k NOK to 605.57m NOK (+114106.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 25.68m NOK → 403.14m NOK (equity ratio 13788.7% → 70.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.80m NOK → 3.66m NOK (+30.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 3.13×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5.78m NOK → 384.10m NOK (+378.32m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 44.88m NOK → 48.29m NOK (8463% → 8% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 196.8k NOK → 221.54m NOK (+112448.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.09m NOK → 28.41m NOK. Reported fact