FirmaIQ
Org.nr 964 027 137 2019 → 2020 Year-over-year analysis

ADVANCED FIBER OPTICS AS: årsregnskap 2020 vs 2019

Grew 8% on revenue, stronger earnings

approved 2021-08-30; registry 2021-10-09; journal 2021 794077

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVANCED FIBER OPTICS AS. Revenue 768.6k NOK → 830.7k NOK (+8.1%). Net result +157.0k NOK → +628.5k NOK. Equity 1.27m NOK → 2.31m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
768.6k NOK 830.7k NOK
+8.1%
Operating result
+303.8k NOK +804.6k NOK
+164.9%
Net result
+157.0k NOK +628.5k NOK
+300.3%
Equity
1.27m NOK 2.31m NOK
+81.7%
Cash
2.05m NOK 2.47m NOK
+20.2%
Total assets
2.54m NOK 2.88m NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 768.6k NOK to 830.7k NOK (+8.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +303.8k NOK → +804.6k NOK (op. margin 39.5% → 96.9%). Calculated

  • ↑

    Net result improved

    Net result +157.0k NOK → +628.5k NOK (net margin 20.4% → 75.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.27m NOK → 2.31m NOK (equity ratio 50.1% → 80.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.05m NOK → 2.47m NOK (+20.2% YoY). Calculated