A.C.E. RACKET OG TRENINGSSENTER AS: årsregnskap 2023 vs 2022
Grew 25% on revenue, stronger earnings
approved 2024-06-19; registry 2024-06-26; journal 2024 545338
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A.C.E. RACKET OG TRENINGSSENTER AS. Revenue 5.86m NOK → 7.33m NOK (+25.1%). Net result -598.9k NOK → -108.7k NOK. Equity -1.80m NOK → -1.90m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. 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 5.86m NOK to 7.33m NOK (+25.1% YoY). Calculated
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↑
Operating result improved
Operating result -324.6k NOK → +483.8k NOK (op. margin -5.5% → 6.6%). Calculated
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↑
Net result improved
Net result -598.9k NOK → -108.7k NOK (net margin -10.2% → -1.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.80m NOK → -1.90m NOK (equity ratio -23.7% → -27.3%). Calculated
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↓
Cash fell
Bank deposits 414.4k NOK → 218.7k NOK (-47.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 246.4k NOK → 860.2k NOK (+249.1% YoY). Calculated