Org.nr 999 119 530 2022 → 2023 Year-over-year analysis

ACEA PROPERTIES AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

approved 2024-06-05; registry 2024-06-26; journal 2024 527670

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACEA PROPERTIES AS. Net result +4.26m NOK → +19.63m NOK. Equity 192.24m NOK → 4.21bn NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACEA PROPERTIES AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-463.3k NOK +17.87m NOK
+3957.4%
Net result
+4.26m NOK +19.63m NOK
+360.7%
Equity
192.24m NOK 4.21bn NOK
+2091.0%
Cash
27.64m NOK 6.65m NOK
-75.9%
Total assets
407.19m NOK 502.41m NOK
+23.4%

What improved

  • ↑

    Operating result improved

    Operating result -463.3k NOK → +17.87m NOK. Calculated

  • ↑

    Net result improved

    Net result +4.26m NOK → +19.63m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 192.24m NOK → 4.21bn NOK (equity ratio 47.2% → 838.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 27.64m NOK → 6.65m NOK (-75.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (27.64m NOK → 6.65m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4 955 NOK → 484.57m NOK. Reported fact