Org.nr 979 266 774 2001 → 2002 Year-over-year analysis

ACADEMIC BUSINESS FOCUS AS: årsregnskap 2002 vs 2001

Weaker earnings

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ACADEMIC BUSINESS FOCUS AS. Net result -34.3k NOK → -637.2k NOK. Equity 282.3k NOK → -354.9k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACADEMIC BUSINESS FOCUS AS.

At a glance

Revenue

0 NOK n/m

—

Operating result

-21.8k NOK -12.9k NOK

+40.9%

Net result

-34.3k NOK -637.2k NOK

-1755.3%

Equity

282.3k NOK -354.9k NOK

-225.7%

Total assets

318.2k NOK 170.3k NOK

-46.5%

↑
Operating result improved

Operating result -21.8k NOK → -12.9k NOK. Calculated

↓
Net result weakened

Net result -34.3k NOK → -637.2k NOK. Calculated
↓
Equity eroded

Book equity 282.3k NOK → -354.9k NOK (equity ratio 88.7% → -208.4%). Calculated
↓
Current ratio dropped below 1×

Current ratio 8.84× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -208.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation