FirmaIQ
Org.nr 986 958 142 2012 → 2013 Year-over-year analysis

AIRPORT RETAIL NORWAY AS: årsregnskap 2013 vs 2012

Grew 9% on revenue

approved 2014-06-30; registry 2014-10-27; journal 2014 869044

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AIRPORT RETAIL NORWAY AS. Revenue 605.57m NOK → 660.49m NOK (+9.1%). Equity 403.14m NOK → 153.06m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

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

Revenue
605.57m NOK 660.49m NOK
+9.1%
Equity
403.14m NOK 153.06m NOK
-62.0%
Cash
3.66m NOK 4.50m NOK
+22.9%
Total assets
575.53m NOK 519.18m NOK
-9.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 605.57m NOK to 660.49m NOK (+9.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 3.66m NOK → 4.50m NOK (+22.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 403.14m NOK → 153.06m NOK (equity ratio 70.0% → 29.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 384.10m NOK → 145.53m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 48.29m NOK → 59.60m NOK (8% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 221.54m NOK → 236.95m NOK (+7.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.41m NOK → 10.71m NOK. Reported fact