Org.nr 965 239 863 2020 → 2021 Year-over-year analysis

ADS AIRPORT SERVICES AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-06-30; registry 2022-08-09; journal 2022 824228

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADS AIRPORT SERVICES AS. Revenue 2.02m NOK → 2.01m NOK (-0.4%). Net result -776.6k NOK → +774.0k NOK. Equity -1.98m NOK → -1.21m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

Scorecard

Revenue
2.02m NOK 2.01m NOK
-0.4%
Operating result
-5 191 NOK +310.1k NOK
+6074.3%
Net result
-776.6k NOK +774.0k NOK
+199.7%
Equity
-1.98m NOK -1.21m NOK
+39.1%
Cash
2.63m NOK 2.89m NOK
+9.8%
Total assets
6.43m NOK 7.07m NOK
+10.0%

What improved

  • ↑

    Operating result improved

    Operating result -5 191 NOK → +310.1k NOK (op. margin -0.3% → 15.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 776.6k NOK to a profit of 774.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.98m NOK → -1.21m NOK (equity ratio -30.8% → -17.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.63m NOK → 2.89m NOK (+9.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.02m NOK to 2.01m NOK (-0.4% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1 992 NOK → 1.11m NOK (+55492.3% YoY). Calculated