Org.nr 918 721 541 2020 → 2021 Year-over-year analysis

A.C.E. RACKET OG TRENINGSSENTER AS: årsregnskap 2021 vs 2020

Grew 13% on revenue, returned to profit

approved 2022-06-08; registry 2022-06-22; journal 2022 492304

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A.C.E. RACKET OG TRENINGSSENTER AS. Revenue 4.90m NOK → 5.53m NOK (+12.8%). Net result -517.3k NOK → +105.0k NOK. Equity -1.30m NOK → -1.20m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

Scorecard

Revenue
4.90m NOK 5.53m NOK
+12.8%
Operating result
-116.5k NOK +537.9k NOK
+561.8%
Net result
-517.3k NOK +105.0k NOK
+120.3%
Equity
-1.30m NOK -1.20m NOK
+8.1%
Cash
147.9k NOK 168.3k NOK
+13.8%
Total assets
9.17m NOK 8.62m NOK
-6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.90m NOK to 5.53m NOK (+12.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -116.5k NOK → +537.9k NOK (op. margin -2.4% → 9.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 517.3k NOK to a profit of 105.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.30m NOK → -1.20m NOK (equity ratio -14.2% → -13.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 147.9k NOK → 168.3k NOK (+13.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 625.7k NOK → 380.9k NOK (-39.1% YoY). Calculated