ACEL POWERTECH AS: årsregnskap 2023 vs 2022
Grew 911% on revenue, weaker earnings
approved 2024-05-06; registry 2024-06-26; journal 2024 529213
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACEL POWERTECH AS. Revenue 27.5k NOK → 278.1k NOK (+911.3%). Net result -411.9k NOK → -736.6k NOK. Equity -317.5k NOK → -1.05m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACEL POWERTECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 27.5k NOK to 278.1k NOK (+911.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -452.4k NOK → -516.7k NOK (op. margin -1645.2% → -185.8%). Calculated
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↓
Net result weakened
Net result -411.9k NOK → -736.6k NOK (net margin -1497.9% → -264.9%). Calculated
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↓
Equity eroded
Book equity -317.5k NOK → -1.05m NOK (equity ratio -11.4% → -49.4%). Calculated
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↓
Cash fell
Bank deposits 99.3k NOK → 81.3k NOK (-18.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -49.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 25.0k NOK → 128.7k NOK (+414.9% YoY). Calculated