AIRPORT RETAIL NORWAY AS: årsregnskap 2022 vs 2021
Grew 163% on revenue, returned to profit
approved 2023-06-28; registry 2023-08-22; journal 2023 705275
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRPORT RETAIL NORWAY AS. Revenue 157.18m NOK → 413.40m NOK (+163.0%). Net result -11.99m NOK → +10.19m NOK. Equity 45.64m NOK → 46.73m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. 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 157.18m NOK to 413.40m NOK (+163.0% YoY). Calculated
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Operating result improved
Operating result -14.96m NOK → +14.11m NOK (op. margin -9.5% → 3.4%). Calculated
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Turned profitable
Net result flipped from a loss of 11.99m NOK to a profit of 10.19m NOK. Calculated
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Equity strengthened
Book equity 45.64m NOK → 46.73m NOK (equity ratio 35.8% → 28.5%). Calculated
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Cash rose
Bank deposits 1.27m NOK → 1.95m NOK (+53.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 25.77m NOK → 51.85m NOK (16% → 13% of revenue). Calculated
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COGS moved
COGS / varekostnad 75.12m NOK → 4.17bn NOK (+5457.4% YoY). Calculated