Org.nr 986 958 142 2016 → 2017 Year-over-year analysis

AIRPORT RETAIL NORWAY AS: årsregnskap 2017 vs 2016

Shrank 21% on revenue

approved 2018-06-22; registry 2018-08-04; journal 2018 854705

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIRPORT RETAIL NORWAY AS. Revenue 550.63m NOK → 433.95m NOK (-21.2%). Equity 148.47m NOK → 147.43m NOK.

On the constructive side: cash rose. 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

550.63m NOK 433.95m NOK

-21.2%

Operating result

+37.14m NOK +11.77m NOK

-68.3%

Net result

n/m +8.94m NOK

—

Equity

148.47m NOK 147.43m NOK

-0.7%

Cash

1.80m NOK 1.85m NOK

+2.9%

Total assets

481.58m NOK 502.12m NOK

+4.3%

↓
Revenue fell

Operating income / revenue moved from 550.63m NOK to 433.95m NOK (-21.2% YoY). Calculated
↓
Operating result weakened

Operating result +37.14m NOK → +11.77m NOK (op. margin 6.7% → 2.7%). Calculated
↓
Equity eroded

Book equity 148.47m NOK → 147.43m NOK (equity ratio 30.8% → 29.4%). Calculated

·
COGS fell

COGS / varekostnad 207.23m NOK → 170.90m NOK (-17.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 382.8k NOK → 378.65m NOK. Reported fact