FirmaIQ
Org.nr 976 145 178 2001 → 2002 Year-over-year analysis

ADDSECURE AS: årsregnskap 2002 vs 2001

Shrank 75% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ADDSECURE AS. Revenue 70.51m NOK → 17.41m NOK (-75.3%). Net result +28.6k NOK → -22.79m NOK. Equity 34.40m NOK → 11.61m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

At a glance

Scorecard

Revenue
70.51m NOK 17.41m NOK
-75.3%
Operating result
+2 002 NOK -24.05m NOK
-1201548.2%
Net result
+28.6k NOK -22.79m NOK
-79802.2%
Equity
34.40m NOK 11.61m NOK
-66.3%
Total assets
46.35m NOK 24.27m NOK
-47.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 70.51m NOK to 17.41m NOK (-75.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2 002 NOK → -24.05m NOK (op. margin 0.0% → -138.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 28.6k NOK profit to a loss of 22.79m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 34.40m NOK → 11.61m NOK (equity ratio 74.2% → 47.8%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 34.40m NOK → 11.61m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 53.77m NOK → 14.84m NOK (-72.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.63m NOK → 598.4k NOK. Reported fact