FirmaIQ
Org.nr 983 931 014 2002 → 2003 Year-over-year analysis

ADVANCED BIOPOLYMERS AS: årsregnskap 2003 vs 2002

Shrank 100% on revenue, slipped into loss, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADVANCED BIOPOLYMERS AS. Revenue 146.0k NOK → 245 NOK (-99.8%). Net result +1 854 NOK → -794.5k NOK. Equity 6.31m NOK → 852.9k NOK.

On the constructive side: operating result improved; owners injected capital; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
146.0k NOK 245 NOK
-99.8%
Operating result
-1.33m NOK -1.27m NOK
+4.3%
Net result
+1 854 NOK -794.5k NOK
-42951.5%
Equity
6.31m NOK 852.9k NOK
-86.5%
Cash
650.4k NOK n/m
—
Total assets
2.25m NOK 2.94m NOK
+30.6%

What improved

  • ↑

    Operating result improved

    Operating result -1.33m NOK → -1.27m NOK (op. margin -908.5% → -518141.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 766 NOK → 852.9k NOK (+852.1k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 3.65m NOK → 574.0k NOK (2497% → 234272% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 146.0k NOK to 245 NOK (-99.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 854 NOK profit to a loss of 794.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.31m NOK → 852.9k NOK (equity ratio 280.9% → 29.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 0 NOK → 14.8k NOK (None YoY). Calculated