A.C.E FASHIONSTORE AS: årsregnskap 2024 vs 2023
Shrank 20% on revenue, slipped into loss, cash halved-plus
approved 2025-05-23; registry 2025-05-26; journal 2025 466907
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A.C.E FASHIONSTORE AS. Revenue 5.31m NOK → 4.22m NOK (-20.4%). Net result +61.7k NOK → -98.2k NOK. Equity 199.7k NOK → 101.6k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 5.31m NOK to 4.22m NOK (-20.4% YoY). Calculated
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Operating result weakened
Operating result +174.5k NOK → -34.3k NOK (op. margin 3.3% → -0.8%). Calculated
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Fell into a net loss
Net result flipped from 61.7k NOK profit to a loss of 98.2k NOK. Calculated
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Equity eroded
Book equity 199.7k NOK → 101.6k NOK (equity ratio 15.1% → 7.5%). Calculated
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Cash fell
Bank deposits 53.5k NOK → 20.3k NOK (-62.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 3.12m NOK → 2.38m NOK (-23.7% YoY). Calculated