Org.nr 989 133 020 2019 → 2020 Year-over-year analysis

ACE INVEST AS: årsregnskap 2020 vs 2019

Stronger earnings

registry 2021-09-23; journal 2021 789361

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACE INVEST AS. Revenue 2 915 NOK → 2 915 NOK (0.0%). Net result +311.3k NOK → +711.2k NOK. Equity 12.18m NOK → 12.89m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Net constructive year on the published lines.

Scorecard

Revenue
2 915 NOK 2 915 NOK
0.0%
Operating result
-17.1k NOK -37.5k NOK
-119.6%
Net result
+311.3k NOK +711.2k NOK
+128.5%
Equity
12.18m NOK 12.89m NOK
+5.8%
Cash
188.9k NOK 690.5k NOK
+265.6%
Total assets
13.91m NOK 14.35m NOK
+3.2%

What improved

  • ↑

    Net result improved

    Net result +311.3k NOK → +711.2k NOK (net margin 10679.2% → 24398.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.18m NOK → 12.89m NOK (equity ratio 87.6% → 89.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 188.9k NOK → 690.5k NOK (+265.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -17.1k NOK → -37.5k NOK (op. margin -586.1% → -1287.1%). Calculated