Org.nr 965 239 863 2008 → 2009 Year-over-year analysis

ADS AIRPORT SERVICES AS: årsregnskap 2009 vs 2008

Shrank 61% on revenue, stronger earnings

approved 2010-06-30; registry 2010-09-04; journal 2010 693050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADS AIRPORT SERVICES AS. Revenue 772.0k NOK → 302.0k NOK (-60.9%). Net result +28.87m NOK → +39.75m NOK. Equity 56.80m NOK → 83.58m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADS AIRPORT SERVICES AS.

Scorecard

Revenue
772.0k NOK 302.0k NOK
-60.9%
Operating result
-2.86m NOK n/m
—
Net result
+28.87m NOK +39.75m NOK
+37.7%
Equity
56.80m NOK 83.58m NOK
+47.1%
Cash
410 NOK 12.2k NOK
+2873.7%
Total assets
98.46m NOK 133.34m NOK
+35.4%

What improved

  • ↑

    Net result improved

    Net result +28.87m NOK → +39.75m NOK (net margin 3740.2% → 13163.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 56.80m NOK → 83.58m NOK (equity ratio 57.7% → 62.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 410 NOK → 12.2k NOK (+2873.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 772.0k NOK to 302.0k NOK (-60.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.29m NOK → 1.46bn NOK (+113435.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11 NOK → 11.93m NOK. Reported fact