Org.nr 965 239 863 2021 → 2022 Year-over-year analysis

ADS AIRPORT SERVICES AS: årsregnskap 2022 vs 2021

Grew 34% on revenue, weaker earnings, cash halved-plus

approved 2023-06-30; registry 2023-07-29; journal 2023 622035

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADS AIRPORT SERVICES AS. Revenue 2.01m NOK → 2.70m NOK (+34.5%). Net result +774.0k NOK → +25.5k NOK.

On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADS AIRPORT SERVICES AS.

At a glance

Revenue

2.01m NOK 2.70m NOK

+34.5%

Operating result

+310.1k NOK +441.4k NOK

+42.3%

Net result

+774.0k NOK +25.5k NOK

-96.7%

Equity

-1.21m NOK n/m

—

Cash

2.89m NOK 1.28m NOK

-55.5%

Total assets

7.07m NOK 7.45m NOK

+5.3%

↑
Revenue rose

Operating income / revenue moved from 2.01m NOK to 2.70m NOK (+34.5% YoY). Calculated
↑
Operating result improved

Operating result +310.1k NOK → +441.4k NOK (op. margin 15.4% → 16.3%). Calculated
↑
Owners injected capital

Paid-in equity rose 1.71m NOK → 7.02m NOK (+5.31m NOK). Reported fact

↓
Net result weakened

Net result +774.0k NOK → +25.5k NOK (net margin 38.5% → 0.9%). Calculated
↓
Cash fell

Bank deposits 2.89m NOK → 1.28m NOK (-55.5% YoY). Calculated