Org.nr 917 155 119 2020 → 2021 Year-over-year analysis

ACE ASSET MANAGEMENT AS: årsregnskap 2021 vs 2020

Grew 100% on revenue, weaker earnings, fresh owner capital

registry 2022-06-27; journal 2022 520098

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACE ASSET MANAGEMENT AS. Revenue -54.7k NOK → 0 NOK (+100.0%). Net result -102.0k NOK → -669.6k NOK. Equity 112.1k NOK → 714.2k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACE ASSET MANAGEMENT AS.

Scorecard

Revenue
-54.7k NOK 0 NOK
+100.0%
Operating result
-83.9k NOK -910.7k NOK
-984.9%
Net result
-102.0k NOK -669.6k NOK
-556.5%
Equity
112.1k NOK 714.2k NOK
+537.3%
Cash
28.8k NOK 1.79m NOK
+6108.6%
Total assets
546.4k NOK 597 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -54.7k NOK to 0 NOK (+100.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 112.1k NOK → 714.2k NOK (equity ratio 20.5% → 119634.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.8k NOK → 1.79m NOK (+6108.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -83.9k NOK → -910.7k NOK. Calculated

  • ↓

    Net result weakened

    Net result -102.0k NOK → -669.6k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 318.8k NOK → 343.8k NOK. Reported fact