ADFLASH AS: årsregnskap 2002 vs 2001
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADFLASH AS. Revenue 0 NOK → 96.0k NOK. Net result +424.1k NOK → +15.2k NOK. Equity 5.46m NOK → 392.2k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
96.0k NOK
—
Operating result
+62.4k NOK
+59.6k NOK
-4.5%
Net result
+424.1k NOK
+15.2k NOK
-96.4%
Equity
5.46m NOK
392.2k NOK
-92.8%
Cash
292.9k NOK
58.2k NOK
-80.1%
Total assets
1.77m NOK
1.73m NOK
-2.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 96.0k NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.25× → 2.82×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +62.4k NOK → +59.6k NOK. Calculated
-
↓
Net result weakened
Net result +424.1k NOK → +15.2k NOK. Calculated
-
↓
Equity eroded
Book equity 5.46m NOK → 392.2k NOK (equity ratio 307.9% → 22.7%). Calculated
-
↓
Cash fell
Bank deposits 292.9k NOK → 58.2k NOK (-80.1% YoY). Calculated