ADVANCED CONTROL - POWER & DRIVES AS: årsregnskap 2022 vs 2021
Grew 233% on revenue, returned to profit, fresh owner capital
approved 2023-05-09; registry 2023-05-23; journal 2023 418606
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVANCED CONTROL - POWER & DRIVES AS. Revenue 248.5k NOK → 827.3k NOK (+232.8%). Net result -33.8k NOK → +367.7k NOK. Equity 4.97m NOK → 10.33m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVANCED CONTROL - POWER & DRIVES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 248.5k NOK to 827.3k NOK (+232.8% YoY). Calculated
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Operating result improved
Operating result -55.0k NOK → +336.0k NOK (op. margin -22.1% → 40.6%). Calculated
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Turned profitable
Net result flipped from a loss of 33.8k NOK to a profit of 367.7k NOK. Calculated
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Equity strengthened
Book equity 4.97m NOK → 10.33m NOK (equity ratio 96.7% → 95.6%). Calculated
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Cash rose
Bank deposits 1 571 NOK → 65.0k NOK (+4037.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 199 NOK → 1.03m NOK (1% → 124% of revenue). Calculated
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COGS moved
COGS / varekostnad 54.7k NOK → 969.7k NOK (+1672.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 800 NOK → 5 790 NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact