Org.nr 977 220 815 2021 → 2022 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2022 vs 2021

A steady year on the published lines

approved 2023-06-27; registry 2023-07-03; journal 2023 538716

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVANCED CONTROL AS. Revenue 8.98m NOK → 9.03m NOK (+0.6%). Net result +11.64m NOK → +12.97m NOK. Equity 32.76m NOK → 16.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

Scorecard

Revenue
8.98m NOK 9.03m NOK
+0.6%
Operating result
-237.2k NOK +442.9k NOK
+286.7%
Net result
+11.64m NOK +12.97m NOK
+11.4%
Equity
32.76m NOK 16.06m NOK
-51.0%
Cash
341.3k NOK 515.4k NOK
+51.0%
Total assets
65.74m NOK 85.65m NOK
+30.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.98m NOK to 9.03m NOK (+0.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -237.2k NOK → +442.9k NOK (op. margin -2.6% → 4.9%). Calculated

  • ↑

    Net result improved

    Net result +11.64m NOK → +12.97m NOK (net margin 129.7% → 143.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 341.3k NOK → 515.4k NOK (+51.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 14.11m NOK → 14.14m NOK (+28.3k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 32.76m NOK → 16.06m NOK (equity ratio 49.8% → 18.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.67m NOK → 3.05m NOK (+14.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.94m NOK → 12.18m NOK. Reported fact