AIRPORT RETAIL NORWAY AS: årsregnskap 2018 vs 2017
Grew 7% on revenue, stronger earnings
approved 2019-06-19; registry 2019-08-08; journal 2019 891048
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIRPORT RETAIL NORWAY AS. Revenue 433.95m NOK → 465.86m NOK (+7.4%). Net result +8.94m NOK → +17.11m NOK. Equity 147.43m NOK → 150.62m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
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
What improved
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Revenue rose
Operating income / revenue moved from 433.95m NOK to 465.86m NOK (+7.4% YoY). Calculated
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Net result improved
Net result +8.94m NOK → +17.11m NOK (net margin 2.1% → 3.7%). Calculated
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Equity strengthened
Book equity 147.43m NOK → 150.62m NOK (equity ratio 29.4% → 27.8%). Calculated
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Cash rose
Bank deposits 1.85m NOK → 1.96m NOK (+6.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 145.53m NOK → 149.96m NOK (+4.43m NOK). Reported fact
Things to notice
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Payroll increased
Salary cost 55.49m NOK → 58.31m NOK (13% → 13% of revenue). Calculated
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COGS moved
COGS / varekostnad 170.90m NOK → 4.18bn NOK (+2348.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 378.65m NOK → 389.89m NOK. Reported fact