ADVANCED CONTROL ROBOTIC AS: årsregnskap 2016 vs 2015
Grew 28% on revenue, stronger earnings, cash halved-plus
approved 2017-02-08; registry 2017-06-06; journal 2017 393131
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVANCED CONTROL ROBOTIC AS. Revenue 1.56m NOK → 1.99m NOK (+27.7%). Net result +4.54m NOK → +6.05m NOK. Equity 2.14m NOK → 1.05m NOK.
On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVANCED CONTROL ROBOTIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.56m NOK to 1.99m NOK (+27.7% YoY). Calculated
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↑
Net result improved
Net result +4.54m NOK → +6.05m NOK (net margin 291.8% → 304.4%). Calculated
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↑
Owners injected capital
Paid-in equity rose 9.45m NOK → 46.21m NOK (+36.76m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 2.14m NOK → 1.05m NOK (equity ratio 35.0% → 13.2%). Calculated
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↓
Cash fell
Bank deposits 89.2k NOK → 30.7k NOK (-65.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 340.7k NOK → 457.6k NOK (+34.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3 105 NOK → 3.10m NOK. Reported fact