Org.nr 919 018 755 2018 → 2019 Year-over-year analysis

ACE NORWAY AS: årsregnskap 2019 vs 2018

Grew 5970% on revenue, fresh owner capital

approved 2021-03-26; registry 2021-04-06; journal 2021 181766

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ACE NORWAY AS. Revenue 56.2k NOK → 3.41m NOK (+5970.5%). Equity 18.04m NOK → 19.66m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Net constructive year on the published lines.

Scorecard

Revenue
56.2k NOK 3.41m NOK
+5970.5%
Operating result
n/m +1.69m NOK
—
Net result
n/m +1.62m NOK
—
Equity
18.04m NOK 19.66m NOK
+9.0%
Cash
193.0k NOK 11.83m NOK
+6027.2%
Total assets
18.30m NOK 28.00m NOK
+52.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.2k NOK to 3.41m NOK (+5970.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 18.04m NOK → 19.66m NOK (equity ratio 98.5% → 70.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 193.0k NOK → 11.83m NOK (+6027.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 16.3k NOK → 16.33m NOK (+16.31m NOK). Reported fact