Org.nr 977 220 815 2013 → 2014 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2014 vs 2013

Shrank 11% on revenue

approved 2015-06-10; registry 2015-06-29; journal 2015 528041

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVANCED CONTROL AS. Revenue 15.60m NOK → 13.94m NOK (-10.6%). Equity 12.30m NOK → 11.51m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

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

Scorecard

Revenue
15.60m NOK 13.94m NOK
-10.6%
Net result
+2.62m NOK n/m
—
Equity
12.30m NOK 11.51m NOK
-6.4%
Cash
71.2k NOK 731.8k NOK
+927.0%
Total assets
25.42m NOK 19.32m NOK
-24.0%

What improved

  • ↑

    Cash rose

    Bank deposits 71.2k NOK → 731.8k NOK (+927.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.60m NOK to 13.94m NOK (-10.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 12.30m NOK → 11.51m NOK (equity ratio 48.4% → 59.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.59m NOK → 3.47m NOK (-3.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.37m NOK → 2.44m NOK. Reported fact