AIRPORT RETAIL NORWAY AS: årsregnskap 2025 vs 2024
Grew 6% on revenue
approved 2026-06-06; registry 2026-07-25; journal 2026 631863
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AIRPORT RETAIL NORWAY AS. Revenue 695.17m NOK → 733.50m NOK (+5.5%). Net result 0 NOK → 0 NOK. Equity 45.89m NOK → 39.16m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; 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 695.17m NOK to 733.50m NOK (+5.5% YoY). Calculated
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↑
Operating result improved
Operating result +16.53m NOK → +26.44m NOK (op. margin 2.4% → 3.6%). Calculated
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Cash rose
Bank deposits 372.4k NOK → 408.5k NOK (+9.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 45.89m NOK → 39.16m NOK (equity ratio 19.3% → 22.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 45.64m NOK → 39.16m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 84.81m NOK → 93.60m NOK (12% → 13% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.30bn NOK → 3.32bn NOK (+0.4% YoY). Calculated