Org.nr 977 220 815 2018 → 2019 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-06-10; registry 2020-06-24; journal 2020 480119

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVANCED CONTROL AS. Revenue 13.51m NOK → 14.03m NOK (+3.8%). Equity 18.63m NOK → 22.48m NOK.

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

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

Scorecard

Revenue
13.51m NOK 14.03m NOK
+3.8%
Operating result
n/m +966.2k NOK
—
Net result
n/m +5.36m NOK
—
Equity
18.63m NOK 22.48m NOK
+20.7%
Cash
1.41m NOK 2.70m NOK
+91.6%
Total assets
43.22m NOK 50.49m NOK
+16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.51m NOK to 14.03m NOK (+3.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 18.63m NOK → 22.48m NOK (equity ratio 43.1% → 44.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 2.70m NOK (+91.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 8.92m NOK → 8.94m NOK (+13.2k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 5.98m NOK → 4.80m NOK (44% → 34% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.92m NOK → 6.52m NOK (+10.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 116.0k NOK → 2 028 NOK. Reported fact