ADS AIRPORT SERVICES AS: årsregnskap 2012 vs 2011
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADS AIRPORT SERVICES AS. Revenue 17.01m NOK → 22.3k NOK (-99.9%). Net result +36.7k NOK → +12.5k NOK. Equity 134.61m NOK → 137.9k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; 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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↑
Operating result improved
Operating result -11.54m NOK → +16.0k NOK (op. margin -67.9% → 71.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 17.01m NOK to 22.3k NOK (-99.9% YoY). Calculated
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↓
Net result weakened
Net result +36.7k NOK → +12.5k NOK (net margin 0.2% → 56.2%). Calculated
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↓
Equity eroded
Book equity 134.61m NOK → 137.9k NOK (equity ratio 57338.2% → 71.3%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 15.37m NOK → 15.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 20.78m NOK → 82.4k NOK. Reported fact