A.C.E FASHIONSTORE AS: årsregnskap 2023 vs 2022
Grew 10% on revenue, weaker earnings
approved 2024-02-23; registry 2024-02-28; journal 2024 313381
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A.C.E FASHIONSTORE AS. Revenue 4.82m NOK → 5.31m NOK (+10.2%). Net result +224.0k NOK → +61.7k NOK. Equity 138.1k NOK → 199.7k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.82m NOK to 5.31m NOK (+10.2% YoY). Calculated
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↑
Equity strengthened
Book equity 138.1k NOK → 199.7k NOK (equity ratio 11.0% → 15.1%). Calculated
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↑
Payroll decreased
Salary cost 2.89m NOK → 2 NOK (60% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +328.1k NOK → +174.5k NOK (op. margin 6.8% → 3.3%). Calculated
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↓
Net result weakened
Net result +224.0k NOK → +61.7k NOK (net margin 4.7% → 1.2%). Calculated
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↓
Cash fell
Bank deposits 62.5k NOK → 53.5k NOK (-14.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.90m NOK → 3.12m NOK (+7.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 164.8k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact