ADVANCED CONTROL AS: årsregnskap 2007 vs 2006
Shrank 48% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVANCED CONTROL AS. Revenue 9.41m NOK → 4.90m NOK (-47.9%). Net result +2.41m NOK → +3.96m NOK. Equity 735.4k NOK → 808.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANCED CONTROL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +2.32m NOK → +2.65m NOK (op. margin 24.7% → 54.0%). Calculated
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Net result improved
Net result +2.41m NOK → +3.96m NOK (net margin 25.7% → 80.8%). Calculated
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Equity strengthened
Book equity 735.4k NOK → 808.4k NOK (equity ratio 15.8% → 15.0%). Calculated
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Current ratio back above 1×
Current ratio 0.90× → 2.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.41m NOK to 4.90m NOK (-47.9% YoY). Calculated
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↓
Cash fell
Bank deposits 1.26m NOK → 534.6k NOK (-57.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 100.1k NOK → 1.00m NOK. Reported fact