ACE FUNDS AS: årsregnskap 2014 vs 2013
Returned to profit, fresh owner capital
approved 2015-08-05; registry 2015-08-13; journal 2015 707235
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACE FUNDS AS. Net result -590 NOK → +17.8k NOK. Equity 50.0k NOK → 1.67m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
n/m
341.5k NOK
—
Operating result
-608 NOK
+314.0k NOK
+51752.1%
Net result
-590 NOK
+17.8k NOK
+3121.9%
Equity
50.0k NOK
1.67m NOK
+3234.5%
Cash
43.7k NOK
1.92m NOK
+4280.2%
Total assets
43.7k NOK
1.92m NOK
+4280.2%
What improved
-
↑
Operating result improved
Operating result -608 NOK → +314.0k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 590 NOK to a profit of 17.8k NOK. Calculated
-
↑
Equity strengthened
Book equity 50.0k NOK → 1.67m NOK (equity ratio 114.3% → 87.0%). Calculated
-
↑
Cash rose
Bank deposits 43.7k NOK → 1.92m NOK (+4280.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio -6.99× → 7.70×. Calculated