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Org.nr 981 375 793 2022 → 2023 Year-over-year analysis

ACE GOLF AS: årsregnskap 2023 vs 2022

Shrank 10% on revenue, slipped into loss

approved 2024-05-29; registry 2024-07-03; journal 2024 569367

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ACE GOLF AS. Revenue 10.48m NOK → 9.43m NOK (-10.0%). Net result +303.7k NOK → -130.1k NOK. Equity 1.44m NOK → 1.31m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACE GOLF AS.

At a glance

Scorecard

Revenue
10.48m NOK 9.43m NOK
-10.0%
Operating result
+400.2k NOK -102.6k NOK
-125.6%
Net result
+303.7k NOK -130.1k NOK
-142.8%
Equity
1.44m NOK 1.31m NOK
-9.1%
Cash
797.2k NOK 570.7k NOK
-28.4%
Total assets
2.31m NOK 2.04m NOK
-11.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.48m NOK to 9.43m NOK (-10.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +400.2k NOK → -102.6k NOK (op. margin 3.8% → -1.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 303.7k NOK profit to a loss of 130.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.44m NOK → 1.31m NOK (equity ratio 62.2% → 64.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 797.2k NOK → 570.7k NOK (-28.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.46m NOK → 5.74m NOK (-11.0% YoY). Calculated