Org.nr 971 067 349 2017 → 2018 Year-over-year analysis

A.C.E FASHIONSTORE AS: årsregnskap 2018 vs 2017

Shrank 37% on revenue

approved 2019-05-30; registry 2019-06-18; journal 2019 461511

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.C.E FASHIONSTORE AS. Revenue 5.29m NOK → 3.33m NOK (-37.0%). Equity 15.8k NOK → 287.9k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.

At a glance

Revenue

5.29m NOK 3.33m NOK

-37.0%

Operating result

-239.3k NOK n/m

—

Net result

-334.5k NOK n/m

—

Equity

15.8k NOK 287.9k NOK

+1727.7%

Cash

46.9k NOK 272.2k NOK

+480.3%

Total assets

1.94m NOK 1.69m NOK

-12.8%

↑
Equity strengthened

Book equity 15.8k NOK → 287.9k NOK (equity ratio 0.8% → 17.0%). Calculated
↑
Cash rose

Bank deposits 46.9k NOK → 272.2k NOK (+480.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.29m NOK to 3.33m NOK (-37.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 904.7k NOK → 926.8k NOK (17% → 28% of revenue). Calculated