FirmaIQ
Org.nr 977 220 815 2003 → 2004 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2004 vs 2003

Shrank 85% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADVANCED CONTROL AS. Revenue 5.46m NOK → 833.4k NOK (-84.7%). Net result +31.59m NOK → +3 232 NOK. Equity -2.87m NOK → 1.06m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCED CONTROL AS.

At a glance

Scorecard

Revenue
5.46m NOK 833.4k NOK
-84.7%
Operating result
+31.97m NOK n/m
—
Net result
+31.59m NOK +3 232 NOK
-100.0%
Equity
-2.87m NOK 1.06m NOK
+136.8%
Total assets
946.8k NOK 127.9k NOK
-86.5%

What improved

  • ↑

    Equity strengthened

    Book equity -2.87m NOK → 1.06m NOK (equity ratio -303.6% → 827.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.25× → 1.83×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.46m NOK to 833.4k NOK (-84.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +31.59m NOK → +3 232 NOK (net margin 578.5% → 0.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.47m NOK → 393.5k NOK (-84.0% YoY). Calculated