Org.nr 917 155 119 2023 → 2024 Year-over-year analysis

ACE ASSET MANAGEMENT AS: årsregnskap 2024 vs 2023

Grew 32423% on revenue, weaker earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-10; journal 2025 659247

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACE ASSET MANAGEMENT AS. Revenue 424 NOK → 137.9k NOK (+32423.1%). Net result -169.6k NOK → -465.9k NOK. Equity 1.38m NOK → 907.8k NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ACE ASSET MANAGEMENT AS.

Scorecard

Revenue
424 NOK 137.9k NOK
+32423.1%
Operating result
+211.6k NOK -74.1k NOK
-135.0%
Net result
-169.6k NOK -465.9k NOK
-174.7%
Equity
1.38m NOK 907.8k NOK
-34.0%
Cash
317.2k NOK 112.5k NOK
-64.5%
Total assets
1.40m NOK 961.3k NOK
-31.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 424 NOK to 137.9k NOK (+32423.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +211.6k NOK → -74.1k NOK (op. margin 49900.7% → -53.7%). Calculated

  • ↓

    Net result weakened

    Net result -169.6k NOK → -465.9k NOK (net margin -40006.4% → -337.9%). Calculated

  • ↓

    Equity eroded

    Book equity 1.38m NOK → 907.8k NOK (equity ratio 98.4% → 94.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 317.2k NOK → 112.5k NOK (-64.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.55m NOK → 3.55m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.12m NOK → 2.14m NOK (499967% → 1551% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 343 NOK → 215.0k NOK. Reported fact