NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2017 vs 2016
Grew 34% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for NORWEGIAN AIR SHUTTLE ASA. Revenue 14.84bn NOK → 19.93bn NOK (+34.3%). Net result +1.13m NOK → +519.62m NOK. Equity 7.88bn NOK → 9.10bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating 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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Revenue rose
Operating income / revenue moved from 14.84bn NOK to 19.93bn NOK (+34.3% YoY). Calculated
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Net result improved
Net result +1.13m NOK → +519.62m NOK (net margin 0.0% → 2.6%). Calculated
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Equity strengthened
Book equity 7.88bn NOK → 9.10bn NOK (equity ratio 26.6% → 24.3%). Calculated
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Cash rose
Bank deposits 2.15bn NOK → 3.24bn NOK (+50.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1.35bn NOK → 1.36bn NOK (+17.15m NOK). Reported fact
What deteriorated
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Operating result weakened
Operating result +1.82m NOK → -1.96m NOK (op. margin 0.0% → -0.0%). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 22.09bn NOK → 22.65bn NOK. Reported fact