ACEA DEVELOPMENT AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, stronger earnings
approved 2023-06-26; registry 2023-07-22; journal 2023 600353
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACEA DEVELOPMENT AS. Revenue 250.0k NOK → 500 NOK (-99.8%). Net result -28.81m NOK → -6.62m NOK. Equity -38.15m NOK → -44.77m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACEA DEVELOPMENT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -27.73m NOK → -5.15m NOK (op. margin -11091.3% → -1030460.4%). Calculated
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Net result improved
Net result -28.81m NOK → -6.62m NOK (net margin -11522.9% → -1324485.6%). Calculated
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Cash rose
Bank deposits 192.7k NOK → 700.0k NOK (+263.3% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 250.0k NOK to 500 NOK (-99.8% YoY). Calculated
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Equity eroded
Book equity -38.15m NOK → -44.77m NOK (equity ratio -479.0% → -635.8%). Calculated
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Payroll up without matching revenue
Salary cost 1.58m NOK → 3.38m NOK (634% → 676344% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -635.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact