ADVANCED CONTROL AS: årsregnskap 2011 vs 2010
Cash halved-plus, fresh owner capital
approved 2012-05-24; registry 2012-06-19; journal 2012 442135
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVANCED CONTROL AS. Revenue 12.15m NOK → 12.70m NOK (+4.5%). Equity 4.36m NOK → 7.12m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANCED CONTROL AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.15m NOK to 12.70m NOK (+4.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 4.36m NOK → 7.12m NOK (equity ratio 39350.8% → 69.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.82× → 2.25×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 197.0k NOK → 1.20m NOK (+1.00m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +2.83m NOK → +2.68m NOK (op. margin 23.3% → 21.1%). Calculated
-
↓
Cash fell
Bank deposits 539.8k NOK → 65.1k NOK (-87.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 6.23m NOK → 7.20m NOK (51% → 57% of revenue). Calculated