Org.nr 918 047 352 2019 → 2020 Year-over-year analysis

AIRPORT INFRASTRUCTURE DENMARK AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

approved 2021-06-04; registry 2021-07-27; journal 2021 542621

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIRPORT INFRASTRUCTURE DENMARK AS. Net result +42.3k NOK → +1.06m NOK. Equity 41.78m NOK → 42.84m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

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

Scorecard

Operating result
-201.3k NOK -213.1k NOK
-5.9%
Net result
+42.3k NOK +1.06m NOK
+2410.7%
Equity
41.78m NOK 42.84m NOK
+2.5%
Cash
389.6k NOK 159.1k NOK
-59.2%
Total assets
42.04m NOK 43.34m NOK
+3.1%

What improved

  • ↑

    Net result improved

    Net result +42.3k NOK → +1.06m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 41.78m NOK → 42.84m NOK (equity ratio 99.4% → 98.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -201.3k NOK → -213.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 389.6k NOK → 159.1k NOK (-59.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.53× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 41.65m NOK → 43.18m NOK. Reported fact