ADVANCED CONTROL AS

4033 STAVANGER

Finances

Return on Equity

80,79 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 034 000	8 976 000	12 952 000	14 033 000
Net Income	12 971 000	11 642 000	7 166 000	5 358 000
Total Assets	85 655 000	65 743 000	46 224 000	50 491 000
Total Equity	16 056 000	32 756 000	24 860 000	22 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 034 000	8 976 000	12 952 000	14 033 000
Expenditure	7 592 000	9 213 000	12 100 000	13 067 000
Operating Profit	1 443 000	−237 000	852 000	966 000
Financial Income	23 683 000	17 178 000	17 138 000	16 565 000
Financial Costs	11 613 000	4 769 000	9 696 000	12 822 000
Financial Balance	12 070 000	12 409 000	7 442 000	3 743 000
Earnings Before Tax	13 513 000	12 172 000	8 295 000	4 708 000
Tax	542 000	530 000	1 129 000	−650 000
Net Income	12 971 000	11 642 000	7 166 000	5 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 008 000	14 469 000	8 208 000	9 326 000
Total Current Assets	72 647 000	51 275 000	38 015 000	41 164 000
Total Assets	85 655 000	65 743 000	46 224 000	50 491 000
Total Retained Equity	1 916 000	18 645 000	15 949 000	13 547 000
Total Equity	16 056 000	32 756 000	24 860 000	22 485 000
Total Long-Term Debt	5 547 000	2 539 000	342 000	4 616 000
Total Current Debt	64 052 000	30 448 000	21 021 000	23 390 000
Total Equity and Debt	85 655 000	65 743 000	46 224 000	50 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 034 000	8 976 000	12 952 000	14 033 000
Other Income	0	0	0	0
Revenue	9 034 000	8 976 000	12 952 000	14 033 000
Cost of Goods Sold	3 047 000	2 671 000	4 205 000	6 520 000
Salary Costs	4 072 000	5 132 000	5 189 000	4 795 000
Depreciation	8 000	3 000	2 000	6 000
Impairment	0	0	0	0
Expenditure	7 592 000	9 213 000	12 100 000	13 067 000
Operating Profit	1 443 000	−237 000	852 000	966 000
Financial Income	23 683 000	17 178 000	17 138 000	16 565 000
Financial Costs	11 613 000	4 769 000	9 696 000	12 822 000
Financial Balance	12 070 000	12 409 000	7 442 000	3 743 000
Dividends	0	5 000 000	2 500 000	0
Net Income	12 971 000	11 642 000	7 166 000	5 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	297 000	1 070 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	15 000	0	2 000
Total Tangible Assets	106 000	15 000	0	2 000
Total Fiancial Fixed Assets	12 902 000	14 454 000	7 911 000	8 254 000
Total Fixed Assets	13 008 000	14 469 000	8 208 000	9 326 000
Stock	0	0	0	0
Total Investments	65 400 000	47 177 000	33 580 000	35 463 000
Cash, Bank	2 515 000	341 000	698 000	2 697 000
Total Current Assets	72 647 000	51 275 000	38 015 000	41 164 000
Total Assets	85 655 000	65 743 000	46 224 000	50 491 000
Total Equity	16 056 000	32 756 000	24 860 000	22 485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 547 000	2 539 000	342 000	4 616 000
Creditors	946 000	403 000	508 000	925 000
Unpaid Taxes	435 000	629 000	477 000	888 000
Dividends	0	5 000 000	2 500 000	0
Other Current Debt	11 986 000	15 685 000	13 450 000	15 303 000
Total Current Debt	64 052 000	30 448 000	21 021 000	23 390 000
Total Equity and Debt	85 655 000	65 743 000	46 224 000	50 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,79 %	35,54 %	28,83 %	23,83 %
Debt-to-Equity Ratio	0,35	0,08	0,01	0,21
Operating Profit Margin	15,97 %	−2,64 %	6,58 %	6,88 %
Current Ratio	1,13	1,68	1,81	1,76
Quick Ratio	1,13	1,68	1,81	1,76
Equity Ratio	0,19	0,5	0,54	0,45
Gross Profit Margin	66,27 %	70,24 %	67,53 %	53,54 %