NEXT BIOMETRICS GROUP ASA: årsregnskap 2003 vs 2002
Shrank 100% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for NEXT BIOMETRICS GROUP ASA. Revenue 97.3k NOK → 0 NOK (-100.0%). Net result +601.2k NOK → +97.1k NOK. Equity 210.5k NOK → 113.4k NOK.
On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +465.5k NOK → +534.6k NOK. Calculated
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Owners injected capital
Paid-in equity rose 508.2k NOK → 811.7k NOK (+303.5k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 97.3k NOK to 0 NOK (-100.0% YoY). Calculated
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Net result weakened
Net result +601.2k NOK → +97.1k NOK. Calculated
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↓
Equity eroded
Book equity 210.5k NOK → 113.4k NOK (equity ratio 36.0% → 11.6%). Calculated
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Current ratio dropped below 1×
Current ratio 1.08× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 131 NOK → 80.3k NOK. Calculated