Org.nr 989 133 020 2016 → 2017 Year-over-year analysis

ACE INVEST AS: årsregnskap 2017 vs 2016

Returned to profit

approved 2018-06-12; registry 2018-07-04; journal 2018 618685

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACE INVEST AS. Net result -28.4k NOK → +872.7k NOK. Equity 4.60m NOK → 5.47m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACE INVEST AS.

At a glance

Operating result

-12.3k NOK -11.5k NOK

+6.3%

Net result

-28.4k NOK +872.7k NOK

+3177.4%

Equity

4.60m NOK 5.47m NOK

+19.0%

Cash

421.1k NOK 886.0k NOK

+110.4%

Total assets

7.43m NOK 8.25m NOK

+11.0%

↑
Operating result improved

Operating result -12.3k NOK → -11.5k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 28.4k NOK to a profit of 872.7k NOK. Calculated
↑
Equity strengthened

Book equity 4.60m NOK → 5.47m NOK (equity ratio 61.8% → 66.3%). Calculated
↑
Cash rose

Bank deposits 421.1k NOK → 886.0k NOK (+110.4% YoY). Calculated

·
Book investments changed

Investment / intangible book value 7.01m NOK → 7.36m NOK. Reported fact