Org.nr 964 027 137 2005 → 2006 Year-over-year analysis

ADVANCED FIBER OPTICS AS: årsregnskap 2006 vs 2005

Grew 5% on revenue, slipped into loss

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for ADVANCED FIBER OPTICS AS. Revenue 204.2k NOK → 215.1k NOK (+5.3%). Net result +12.8k NOK → -7 452 NOK. Equity -409.9k NOK → -417.3k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded.

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

Scorecard

Revenue
204.2k NOK 215.1k NOK
+5.3%
Operating result
+51.9k NOK +59.7k NOK
+15.1%
Net result
+12.8k NOK -7 452 NOK
-158.1%
Equity
-409.9k NOK -417.3k NOK
-1.8%
Total assets
506.3k NOK 320.7k NOK
-36.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 204.2k NOK to 215.1k NOK (+5.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +51.9k NOK → +59.7k NOK (op. margin 25.4% → 27.7%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 12.8k NOK profit to a loss of 7 452 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -409.9k NOK → -417.3k NOK (equity ratio -81.0% → -130.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -130.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation