FirmaIQ
Org.nr 917 155 119 2017 → 2018 Year-over-year analysis

ACE ASSET MANAGEMENT AS: årsregnskap 2018 vs 2017

Shrank 3109% on revenue, slipped into loss

approved 2019-07-31; registry 2019-08-26; journal 2019 929912

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACE ASSET MANAGEMENT AS. Revenue 5 693 NOK → -171.3k NOK (-3108.8%). Net result +4 479 NOK → -211.4k NOK. Equity 301.2k NOK → 109.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5 693 NOK -171.3k NOK
-3108.8%
Operating result
+1 293 NOK -181.2k NOK
-14111.4%
Net result
+4 479 NOK -211.4k NOK
-4818.9%
Equity
301.2k NOK 109.9k NOK
-63.5%
Cash
145.4k NOK 929.2k NOK
+539.1%
Total assets
301.2k NOK 1 114 NOK
-99.6%

What improved

  • ↑

    Cash rose

    Bank deposits 145.4k NOK → 929.2k NOK (+539.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5 693 NOK to -171.3k NOK (-3108.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 293 NOK → -181.2k NOK (op. margin 22.7% → 105.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4 479 NOK profit to a loss of 211.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 301.2k NOK → 109.9k NOK (equity ratio 100.0% → 9862.1%). Calculated