Org.nr 919 161 418 2021 → 2022 Year-over-year analysis

ACE ARKITEKTER AS: årsregnskap 2022 vs 2021

Shrank 82% on revenue, weaker earnings, cash halved-plus

approved 2023-07-31; registry 2023-08-24; journal 2023 716443

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACE ARKITEKTER AS. Revenue 918.4k NOK → 167.3k NOK (-81.8%). Net result +207.4k NOK → +49.5k NOK. Equity 493.9k NOK → -13.6k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACE ARKITEKTER AS.

Scorecard

Revenue
918.4k NOK 167.3k NOK
-81.8%
Operating result
+265.9k NOK +63.7k NOK
-76.0%
Net result
+207.4k NOK +49.5k NOK
-76.1%
Equity
493.9k NOK -13.6k NOK
-102.8%
Cash
715.5k NOK 8 715 NOK
-98.8%
Total assets
734.3k NOK 3 755 NOK
-99.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 518.7k NOK → 2 NOK (56% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 918.4k NOK to 167.3k NOK (-81.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +265.9k NOK → +63.7k NOK (op. margin 28.9% → 38.1%). Calculated

  • ↓

    Net result weakened

    Net result +207.4k NOK → +49.5k NOK (net margin 22.6% → 29.6%). Calculated

  • ↓

    Equity eroded

    Book equity 493.9k NOK → -13.6k NOK (equity ratio 67.3% → -362.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 715.5k NOK → 8 715 NOK (-98.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -362.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation