ADS AIRPORT SERVICES AS: årsregnskap 2013 vs 2012
Grew 175534% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADS AIRPORT SERVICES AS. Revenue 22.3k NOK → 39.12m NOK (+175534.2%). Net result +12.5k NOK → +7.05m NOK. Equity 137.9k NOK → 24.88m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADS AIRPORT SERVICES AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 22.3k NOK to 39.12m NOK (+175534.2% YoY). Calculated
-
↑
Operating result improved
Operating result +16.0k NOK → +4.31m NOK (op. margin 71.7% → 11.0%). Calculated
-
↑
Net result improved
Net result +12.5k NOK → +7.05m NOK (net margin 56.2% → 18.0%). Calculated
-
↑
Equity strengthened
Book equity 137.9k NOK → 24.88m NOK (equity ratio 71.3% → 27.6%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 15.4k NOK → 15.37m NOK (+15.36m NOK). Reported fact
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 2.00× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 82.4k NOK → 32.10m NOK. Reported fact