Org.nr 977 220 815 2015 → 2016 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2016 vs 2015

Shrank 50% on revenue

approved 2017-06-07; registry 2017-07-04; journal 2017 587009

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVANCED CONTROL AS. Revenue 17.48m NOK → 8.68m NOK (-50.3%). Equity 24.11m NOK → 25.91m NOK.

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

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

Scorecard

Revenue
17.48m NOK 8.68m NOK
-50.3%
Net result
n/m +1.80m NOK
—
Equity
24.11m NOK 25.91m NOK
+7.5%
Cash
235.8k NOK 5.29m NOK
+2142.1%
Total assets
30.46m NOK 28.65m NOK
-6.0%

What improved

  • ↑

    Equity strengthened

    Book equity 24.11m NOK → 25.91m NOK (equity ratio 79.1% → 90.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 235.8k NOK → 5.29m NOK (+2142.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.48m NOK to 8.68m NOK (-50.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.51m NOK → 2.76m NOK (-67.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.66m NOK → 2.13m NOK. Reported fact