FirmaIQ
Org.nr 925 920 967 2021 → 2022 Year-over-year analysis

ACE GROUP AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2023-06-23; registry 2023-06-26; journal 2023 524762

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ACE GROUP AS. Revenue 5.16m NOK → 5 916 NOK (-99.9%). Net result +350.5k NOK → +148.1k NOK. Equity 687.1k NOK → 835.2k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ACE GROUP AS.

At a glance

Scorecard

Revenue
5.16m NOK 5 916 NOK
-99.9%
Operating result
+463.2k NOK +156.6k NOK
-66.2%
Net result
+350.5k NOK +148.1k NOK
-57.8%
Equity
687.1k NOK 835.2k NOK
+21.6%
Cash
659.2k NOK 2 093 NOK
-99.7%
Total assets
3.11m NOK 4.44m NOK
+42.8%

What improved

  • ↑

    Equity strengthened

    Book equity 687.1k NOK → 835.2k NOK (equity ratio 22.1% → 18.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.16m NOK to 5 916 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +463.2k NOK → +156.6k NOK (op. margin 9.0% → 2646.8%). Calculated

  • ↓

    Net result weakened

    Net result +350.5k NOK → +148.1k NOK (net margin 6.8% → 2503.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 659.2k NOK → 2 093 NOK (-99.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 301.7k NOK → 964.6k NOK (+219.7% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 4. Reported fact