Org.nr 971 067 349 2018 → 2019 Year-over-year analysis

A.C.E FASHIONSTORE AS: årsregnskap 2019 vs 2018

Grew 9% on revenue, cash halved-plus

approved 2020-08-30; registry 2020-09-07; journal 2020 767498

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A.C.E FASHIONSTORE AS. Revenue 3.33m NOK → 3.64m NOK (+9.3%). Equity 287.9k NOK → 323.1k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

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

At a glance

Revenue

3.33m NOK 3.64m NOK

+9.3%

Operating result

n/m +113.2k NOK

—

Net result

n/m +35.1k NOK

—

Equity

287.9k NOK 323.1k NOK

+12.2%

Cash

272.2k NOK 92.1k NOK

-66.2%

Total assets

1.69m NOK 1.67m NOK

-1.5%

↑
Revenue rose

Operating income / revenue moved from 3.33m NOK to 3.64m NOK (+9.3% YoY). Calculated
↑
Equity strengthened

Book equity 287.9k NOK → 323.1k NOK (equity ratio 17.0% → 19.4%). Calculated
↑
Payroll decreased

Salary cost 926.8k NOK → 645.0k NOK (28% → 18% of revenue). Calculated