ADVANCED CONTROL AS: årsregnskap 2012 vs 2011
Grew 24% on revenue
approved 2013-05-16; registry 2013-06-29; journal 2013 501169
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVANCED CONTROL AS. Revenue 12.70m NOK → 15.80m NOK (+24.4%). Equity 7.12m NOK → 9.68m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; 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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↑
Revenue rose
Operating income / revenue moved from 12.70m NOK to 15.80m NOK (+24.4% YoY). Calculated
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↑
Equity strengthened
Book equity 7.12m NOK → 9.68m NOK (equity ratio 69.9% → 53.8%). Calculated
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↑
Cash rose
Bank deposits 65.1k NOK → 2.20m NOK (+3272.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2.68m NOK → +2.43m NOK (op. margin 21.1% → 15.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.20m NOK → 8.74m NOK (57% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.03m NOK → 3.58m NOK (+76.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 22.5k NOK → 3.16m NOK. Reported fact