FirmaIQ
Org.nr 964 027 137 2001 → 2002 Year-over-year analysis

ADVANCED FIBER OPTICS AS: årsregnskap 2002 vs 2001

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ADVANCED FIBER OPTICS AS. Revenue 374.8k NOK → 360.1k NOK (-3.9%). Net result -40.8k NOK → -112.8k NOK. Equity -348.6k NOK → -461.4k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCED FIBER OPTICS AS.

At a glance

Scorecard

Revenue
374.8k NOK 360.1k NOK
-3.9%
Operating result
-28.2k NOK +158.1k NOK
+661.4%
Net result
-40.8k NOK -112.8k NOK
-176.4%
Equity
-348.6k NOK -461.4k NOK
-32.4%
Total assets
506.6k NOK 397.0k NOK
-21.6%

What improved

  • ↑

    Operating result improved

    Operating result -28.2k NOK → +158.1k NOK (op. margin -7.5% → 43.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 374.8k NOK to 360.1k NOK (-3.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result -40.8k NOK → -112.8k NOK (net margin -10.9% → -31.3%). Calculated

  • ↓

    Equity eroded

    Book equity -348.6k NOK → -461.4k NOK (equity ratio -68.8% → -116.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -116.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation