ADVANCED CONTROL ROBOTIC AS: årsregnskap 2019 vs 2018
Shrank 69% on revenue, stronger earnings
approved 2020-02-21; registry 2020-06-24; journal 2020 480093
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVANCED CONTROL ROBOTIC AS. Revenue 911.9k NOK → 279.0k NOK (-69.4%). Net result +2.22m NOK → +5.48m NOK. Equity 3.84m NOK → 7.32m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; 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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↑
Net result improved
Net result +2.22m NOK → +5.48m NOK (net margin 243.7% → 1962.7%). Calculated
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↑
Equity strengthened
Book equity 3.84m NOK → 7.32m NOK (equity ratio 59.6% → 35.6%). Calculated
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↑
Cash rose
Bank deposits 50.0k NOK → 90.7k NOK (+81.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 911.9k NOK to 279.0k NOK (-69.4% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 43.21m NOK → 41.21m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 367.4k NOK → 153.9k NOK (-58.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 50.0k NOK → 2 120 NOK. Reported fact