A.C.E. RACKET OG TRENINGSSENTER AS: årsregnskap 2022 vs 2021
Grew 6% on revenue, slipped into loss
approved 2023-06-09; registry 2023-06-14; journal 2023 484738
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.C.E. RACKET OG TRENINGSSENTER AS. Revenue 5.53m NOK → 5.86m NOK (+5.9%). Net result +105.0k NOK → -598.9k NOK. Equity -1.20m NOK → -1.80m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.C.E. RACKET OG TRENINGSSENTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.53m NOK to 5.86m NOK (+5.9% YoY). Calculated
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↑
Cash rose
Bank deposits 168.3k NOK → 414.4k NOK (+146.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +537.9k NOK → -324.6k NOK (op. margin 9.7% → -5.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 105.0k NOK profit to a loss of 598.9k NOK. Calculated
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↓
Equity eroded
Book equity -1.20m NOK → -1.80m NOK (equity ratio -13.9% → -23.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -23.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 380.9k NOK → 246.4k NOK (-35.3% YoY). Calculated