ADVANCED BIOPOLYMERS AS: årsregnskap 2002 vs 2001
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADVANCED BIOPOLYMERS AS. Revenue 0 NOK → 146.0k NOK. Net result +32.6k NOK → +1 854 NOK. Equity 67.4k NOK → 6.31m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVANCED BIOPOLYMERS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 146.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 67.4k NOK → 6.31m NOK (equity ratio 42.6% → 280.9%). Calculated
-
↑
Cash rose
Bank deposits 75.4k NOK → 650.4k NOK (+763.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.83× → 1.13×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -45.6k NOK → -1.33m NOK. Calculated
-
↓
Net result weakened
Net result +32.6k NOK → +1 854 NOK. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 766 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 0 NOK → 3.65m NOK. Calculated