ADS AIRPORT SERVICES AS: årsregnskap 1998 vs 1997
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADS AIRPORT SERVICES AS. Equity 832.9k NOK → -926.3k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADS AIRPORT SERVICES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +356.0k NOK → +440.3k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 832.9k NOK → -926.3k NOK (equity ratio 167.1% → -13.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.15× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -13.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation