FirmaIQ
Org.nr 964 027 137 2018 → 2019 Year-over-year analysis

ADVANCED FIBER OPTICS AS: årsregnskap 2019 vs 2018

Shrank 21% on revenue, weaker earnings

approved 2020-06-19; registry 2020-07-04; journal 2020 529653

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVANCED FIBER OPTICS AS. Revenue 974.6k NOK → 768.6k NOK (-21.1%). Net result +208.3k NOK → +157.0k NOK. Equity 114.3k NOK → 1.27m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
974.6k NOK 768.6k NOK
-21.1%
Operating result
+587.7k NOK +303.8k NOK
-48.3%
Net result
+208.3k NOK +157.0k NOK
-24.6%
Equity
114.3k NOK 1.27m NOK
+1012.4%
Cash
1.80m NOK 2.05m NOK
+13.9%
Total assets
2.38m NOK 2.54m NOK
+6.7%

What improved

  • ↑

    Equity strengthened

    Book equity 114.3k NOK → 1.27m NOK (equity ratio 4.8% → 50.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.80m NOK → 2.05m NOK (+13.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 974.6k NOK to 768.6k NOK (-21.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +587.7k NOK → +303.8k NOK (op. margin 60.3% → 39.5%). Calculated

  • ↓

    Net result weakened

    Net result +208.3k NOK → +157.0k NOK (net margin 21.4% → 20.4%). Calculated