FirmaIQ
Org.nr 925 254 908 2021 → 2022 Year-over-year analysis

ACEPILOT AS: årsregnskap 2022 vs 2021

Shrank 50% on revenue, weaker earnings

approved 2023-06-30; registry 2023-07-24; journal 2023 639277

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ACEPILOT AS. Revenue 1.68m NOK → 834.2k NOK (-50.3%). Net result -131.4k NOK → -835.0k NOK. Equity -180.4k NOK → -1.02m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACEPILOT AS.

At a glance

Scorecard

Revenue
1.68m NOK 834.2k NOK
-50.3%
Operating result
+233.3k NOK -256.1k NOK
-209.8%
Net result
-131.4k NOK -835.0k NOK
-535.7%
Equity
-180.4k NOK -1.02m NOK
-462.8%
Cash
391.2k NOK 734.8k NOK
+87.8%
Total assets
20.63m NOK 12.94m NOK
-37.3%

What improved

  • ↑

    Cash rose

    Bank deposits 391.2k NOK → 734.8k NOK (+87.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.68m NOK to 834.2k NOK (-50.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +233.3k NOK → -256.1k NOK (op. margin 13.9% → -30.7%). Calculated

  • ↓

    Net result weakened

    Net result -131.4k NOK → -835.0k NOK (net margin -7.8% → -100.1%). Calculated

  • ↓

    Equity eroded

    Book equity -180.4k NOK → -1.02m NOK (equity ratio -0.9% → -7.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.14m NOK → 305.4k NOK (-73.3% YoY). Calculated