AIRPORT INFRASTRUCTURE DENMARK AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-06-04; registry 2021-07-27; journal 2021 542621
Summary
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.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +42.3k NOK → +1.06m NOK. Calculated
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↑
Equity strengthened
Book equity 41.78m NOK → 42.84m NOK (equity ratio 99.4% → 98.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -201.3k NOK → -213.1k NOK. Calculated
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↓
Cash fell
Bank deposits 389.6k NOK → 159.1k NOK (-59.2% YoY). Calculated
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↓
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
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·
Book investments changed
Investment / intangible book value 41.65m NOK → 43.18m NOK. Reported fact