FirmaIQ
Org.nr 964 027 137 2022 → 2023 Year-over-year analysis

ADVANCED FIBER OPTICS AS: årsregnskap 2023 vs 2022

Grew 9% on revenue

approved 2024-05-12; registry 2024-05-21; journal 2024 422226

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANCED FIBER OPTICS AS. Revenue 890.4k NOK → 968.7k NOK (+8.8%). Net result +649.8k NOK → +772.4k NOK. Equity 1.29m NOK → 2.06m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
890.4k NOK 968.7k NOK
+8.8%
Operating result
+862.9k NOK +944.4k NOK
+9.4%
Net result
+649.8k NOK +772.4k NOK
+18.9%
Equity
1.29m NOK 2.06m NOK
+59.9%
Cash
901.8k NOK 658.2k NOK
-27.0%
Total assets
1.51m NOK 2.30m NOK
+51.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 890.4k NOK to 968.7k NOK (+8.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +862.9k NOK → +944.4k NOK (op. margin 96.9% → 97.5%). Calculated

  • ↑

    Net result improved

    Net result +649.8k NOK → +772.4k NOK (net margin 73.0% → 79.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.29m NOK → 2.06m NOK (equity ratio 85.2% → 89.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 901.8k NOK → 658.2k NOK (-27.0% YoY). Calculated