ACE INVEST AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-08-30; registry 2020-09-12; journal 2020 794901
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACE INVEST AS. Revenue 0 NOK → 2 915 NOK. Net result +403.8k NOK → +311.3k NOK. Equity 11.87m NOK → 12.18m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
2 915 NOK
—
Operating result
-15.2k NOK
-17.1k NOK
-12.6%
Net result
+403.8k NOK
+311.3k NOK
-22.9%
Equity
11.87m NOK
12.18m NOK
+2.6%
Cash
313.3k NOK
188.9k NOK
-39.7%
Total assets
14.49m NOK
13.91m NOK
-4.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 2 915 NOK. Calculated
-
↑
Equity strengthened
Book equity 11.87m NOK → 12.18m NOK (equity ratio 81.9% → 87.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -15.2k NOK → -17.1k NOK. Calculated
-
↓
Net result weakened
Net result +403.8k NOK → +311.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 313.3k NOK → 188.9k NOK (-39.7% YoY). Calculated