FirmaIQ
Org.nr 977 220 815 2012 → 2013 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2013 vs 2012

Cash halved-plus

approved 2014-05-22; registry 2014-07-03; journal 2014 538885

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVANCED CONTROL AS. Revenue 15.80m NOK → 15.60m NOK (-1.3%). Net result +2.55m NOK → +2.62m NOK. Equity 9.68m NOK → 12.30m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVANCED CONTROL AS.

At a glance

Scorecard

Revenue
15.80m NOK 15.60m NOK
-1.3%
Operating result
+2.43m NOK n/m
—
Net result
+2.55m NOK +2.62m NOK
+2.6%
Equity
9.68m NOK 12.30m NOK
+27.1%
Cash
2.20m NOK 71.2k NOK
-96.8%
Total assets
18.00m NOK 25.42m NOK
+41.2%

What improved

  • ↑

    Equity strengthened

    Book equity 9.68m NOK → 12.30m NOK (equity ratio 53.8% → 48.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.80m NOK to 15.60m NOK (-1.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.20m NOK → 71.2k NOK (-96.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.58m NOK → 3.59m NOK (+0.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.20m NOK → 71.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.16m NOK → 2.37m NOK. Reported fact