ADS AIRPORT SERVICES AS: årsregnskap 2007 vs 2006
Grew 45899900% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADS AIRPORT SERVICES AS. Revenue 4 NOK → 1.84m NOK (+45899900.0%).
On the constructive side: revenue rose; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADS AIRPORT SERVICES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 NOK to 1.84m NOK (+45899900.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 1030060000.76bn NOK → 6 NOK (25751500018886201344% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.14m NOK → 410.0k NOK (-63.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5100.06× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.14m NOK → 410.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 13.07m NOK → 14.69m NOK. Reported fact