FirmaIQ
Org.nr 986 958 142 2013 → 2014 Year-over-year analysis

AIRPORT RETAIL NORWAY AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-06-30; registry 2015-10-03; journal 2015 901752

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AIRPORT RETAIL NORWAY AS. Revenue 660.49m NOK → 677.86m NOK (+2.6%). Equity 153.06m NOK → 153.01m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

Revenue
660.49m NOK 677.86m NOK
+2.6%
Net result
n/m +42.53m NOK
—
Equity
153.06m NOK 153.01m NOK
-0.0%
Cash
4.50m NOK 1.98m NOK
-56.0%
Total assets
519.18m NOK 543.49m NOK
+4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 660.49m NOK to 677.86m NOK (+2.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 153.06m NOK → 153.01m NOK (equity ratio 29.5% → 28.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.50m NOK → 1.98m NOK (-56.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.04× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 59.60m NOK → 65.45m NOK (9% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 236.95m NOK → 249.22m NOK (+5.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.71m NOK → 381.58m NOK. Reported fact