NORWEGIAN AIR SHUTTLE ASA: årsregnskap 1999 vs 1998
Grew 37% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for NORWEGIAN AIR SHUTTLE ASA. Revenue 125.43m NOK → 172.30m NOK (+37.4%). Net result +5.50m NOK → +9.89m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for NORWEGIAN AIR SHUTTLE ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 125.43m NOK to 172.30m NOK (+37.4% YoY). Calculated
-
↑
Net result improved
Net result +5.50m NOK → +9.89m NOK (net margin 4.4% → 5.7%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +125428399.11bn NOK → +20.58m NOK (op. margin 100000000084.3% → 11.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 41.81m NOK → 54.60m NOK (33% → 32% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 2.88m NOK. Reported fact