NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2016 vs 2015
Shrank 21% on revenue, weaker earnings
approved 2017-03-21; registry 2017-07-19; journal 2017 728310
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for NORWEGIAN AIR SHUTTLE ASA. Revenue 18.85bn NOK → 14.84bn NOK (-21.3%). Net result +246.15m NOK → +1.13m NOK. Equity 6.23bn NOK → 7.88bn NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORWEGIAN AIR SHUTTLE ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.23bn NOK → 7.88bn NOK (equity ratio 25.6% → 26.6%). Calculated
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↑
Cash rose
Bank deposits 1.63bn NOK → 2.15bn NOK (+31.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.33bn NOK → 1.35bn NOK (+16.26m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.85bn NOK to 14.84bn NOK (-21.3% YoY). Calculated
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↓
Operating result weakened
Operating result +347.77m NOK → +1.82m NOK (op. margin 1.8% → 0.0%). Calculated
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↓
Net result weakened
Net result +246.15m NOK → +1.13m NOK (net margin 1.3% → 0.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 18.49bn NOK → 22.09bn NOK. Reported fact