Org.nr 986 958 142 2015 → 2016 Year-over-year analysis

AIRPORT RETAIL NORWAY AS: årsregnskap 2016 vs 2015

Shrank 10% on revenue

approved 2017-06-23; registry 2017-08-07; journal 2017 822488

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AIRPORT RETAIL NORWAY AS. Revenue 611.75m NOK → 550.63m NOK (-10.0%). Equity 149.02m NOK → 148.47m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

611.75m NOK 550.63m NOK

-10.0%

Operating result

+37.99m NOK +37.14m NOK

-2.2%

Net result

+28.22m NOK n/m

—

Equity

149.02m NOK 148.47m NOK

-0.4%

Cash

2.00m NOK 1.80m NOK

-10.1%

Total assets

511.78m NOK 481.58m NOK

-5.9%

↓
Revenue fell

Operating income / revenue moved from 611.75m NOK to 550.63m NOK (-10.0% YoY). Calculated
↓
Operating result weakened

Operating result +37.99m NOK → +37.14m NOK (op. margin 6.2% → 6.7%). Calculated
↓
Equity eroded

Book equity 149.02m NOK → 148.47m NOK (equity ratio 29.1% → 30.8%). Calculated
↓
Cash fell

Bank deposits 2.00m NOK → 1.80m NOK (-10.1% YoY). Calculated

·
COGS fell

COGS / varekostnad 226.45m NOK → 207.23m NOK (-8.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 380.50m NOK → 382.8k NOK. Reported fact