Org.nr 964 027 137 2011 → 2012 Year-over-year analysis

ADVANCED FIBER OPTICS AS: årsregnskap 2012 vs 2011

Weaker earnings

approved 2013-06-05; registry 2013-06-18; journal 2013 461538

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVANCED FIBER OPTICS AS. Revenue 547.5k NOK → 530.0k NOK (-3.2%). Net result +102.0k NOK → +60.0k NOK. Equity 247.8k NOK → 307.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.

Net tougher year on the published lines.

Scorecard

Revenue
547.5k NOK 530.0k NOK
-3.2%
Net result
+102.0k NOK +60.0k NOK
-41.1%
Equity
247.8k NOK 307.8k NOK
+24.2%
Cash
0 NOK 0 NOK
0.0%
Total assets
1.47m NOK 1.56m NOK
+6.2%

What improved

  • ↑

    Equity strengthened

    Book equity 247.8k NOK → 307.8k NOK (equity ratio 16.9% → 19.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 547.5k NOK to 530.0k NOK (-3.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +102.0k NOK → +60.0k NOK (net margin 18.6% → 11.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 32.32× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated