Org.nr 977 220 815 2023 → 2024 Year-over-year analysis

ADVANCED CONTROL AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-07-04; registry 2025-07-10; journal 2025 660042

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANCED CONTROL AS. Revenue 10.55m NOK → 10.65m NOK (+1.0%). Net result +6.08m NOK → +11.27m NOK. Equity 9.20m NOK → 11.55m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED CONTROL AS.

Scorecard

Revenue
10.55m NOK 10.65m NOK
+1.0%
Operating result
+591.0k NOK +29.6k NOK
-95.0%
Net result
+6.08m NOK +11.27m NOK
+85.4%
Equity
9.20m NOK 11.55m NOK
+25.6%
Cash
489.9k NOK 245.2k NOK
-49.9%
Total assets
76.88m NOK 80.48m NOK
+4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.55m NOK to 10.65m NOK (+1.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +6.08m NOK → +11.27m NOK (net margin 57.6% → 105.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.20m NOK → 11.55m NOK (equity ratio 12.0% → 14.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +591.0k NOK → +29.6k NOK (op. margin 5.6% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 489.9k NOK → 245.2k NOK (-49.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.43m NOK → 317.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3.78m NOK → 3.93m NOK (36% → 37% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.99m NOK → 4.12m NOK (+3.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 14.12m NOK → 22.26m NOK. Reported fact