ADVANCED FIBER OPTICS AS: årsregnskap 2001 vs 2000
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ADVANCED FIBER OPTICS AS. Revenue 393.4k NOK → 374.8k NOK (-4.7%). Net result -367.2k NOK → -40.8k NOK. Equity -307.7k NOK → -348.6k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVANCED FIBER OPTICS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -367.2k NOK → -40.8k NOK (net margin -93.3% → -10.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 393.4k NOK to 374.8k NOK (-4.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +100.3k NOK → -28.2k NOK (op. margin 25.5% → -7.5%). Calculated
-
↓
Equity eroded
Book equity -307.7k NOK → -348.6k NOK (equity ratio -64.7% → -68.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -68.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 21.2k NOK → 0 NOK (-100.0% YoY). Calculated