ACE ELEKTRO AS: årsregnskap 2023 vs 2022
Shrank 64% on revenue, returned to profit, cash halved-plus
approved 2024-07-31; registry 2024-08-03; journal 2024 706115
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACE ELEKTRO AS. Revenue 695.5k NOK → 253.9k NOK (-63.5%). Net result -78.4k NOK → +100.6k NOK. Equity -123.8k NOK → -23.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACE ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -73.9k NOK → +85.5k NOK (op. margin -10.6% → 33.7%). Calculated
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Turned profitable
Net result flipped from a loss of 78.4k NOK to a profit of 100.6k NOK. Calculated
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Equity strengthened
Book equity -123.8k NOK → -23.2k NOK (equity ratio -255.8% → -146.3%). Calculated
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Payroll decreased
Salary cost 708.4k NOK → 153.9k NOK (102% → 61% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 695.5k NOK to 253.9k NOK (-63.5% YoY). Calculated
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↓
Cash fell
Bank deposits 43.6k NOK → 856 NOK (-98.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 26.8k NOK → 0 NOK (-100.0% YoY). Calculated