ADVANCED FIBER OPTICS AS: årsregnskap 2003 vs 2002
Shrank 15% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVANCED FIBER OPTICS AS. Revenue 360.1k NOK → 305.9k NOK (-15.1%). Net result -112.8k NOK → +5 525 NOK. Equity -461.4k NOK → -405.9k NOK.
On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 112.8k NOK to a profit of 5 525 NOK. Calculated
-
↑
Equity strengthened
Book equity -461.4k NOK → -405.9k NOK (equity ratio -116.2% → -102.7%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 360.1k NOK to 305.9k NOK (-15.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +158.1k NOK → +56.7k NOK (op. margin 43.9% → 18.5%). Calculated