ACE WELL TECHNOLOGY AS: årsregnskap 2023 vs 2022
Grew 99% on revenue, stronger earnings
approved 2024-05-30; registry 2024-06-15; journal 2024 476568
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACE WELL TECHNOLOGY AS. Revenue 44.45m NOK → 88.55m NOK (+99.2%). Net result +283.6k NOK → +16.50m NOK. Equity 25.54m NOK → 42.04m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACE WELL TECHNOLOGY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 44.45m NOK to 88.55m NOK (+99.2% YoY). Calculated
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Operating result improved
Operating result -15.2k NOK → +16.40m NOK (op. margin -0.0% → 18.5%). Calculated
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Net result improved
Net result +283.6k NOK → +16.50m NOK (net margin 0.6% → 18.6%). Calculated
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Equity strengthened
Book equity 25.54m NOK → 42.04m NOK (equity ratio 42.7% → 64.2%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 25.54m NOK → 25.26m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 14.15m NOK → 15.10m NOK (32% → 17% of revenue). Calculated
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COGS moved
COGS / varekostnad 15.25m NOK → 35.62m NOK (+133.6% YoY). Calculated