FirmaIQ
Org.nr 979 515 715 2002 → 2003 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2003 vs 2002

Fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADVENT NORWAY AS. Revenue 11.76m NOK → 11.56m NOK (-1.7%). Equity 2 514 NOK → 3.87m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
11.76m NOK 11.56m NOK
-1.7%
Equity
2 514 NOK 3.87m NOK
+153759.9%
Cash
1.34m NOK 1.55m NOK
+15.0%
Total assets
6.32m NOK 8.42m NOK
+33.2%

What improved

  • ↑

    Equity strengthened

    Book equity 2 514 NOK → 3.87m NOK (equity ratio 0.0% → 46.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.34m NOK → 1.55m NOK (+15.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 200.3k NOK → 1.20m NOK (+1.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.76m NOK to 11.56m NOK (-1.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.55× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 397.5k NOK → 2.72m NOK (+584.9% YoY). Calculated