ACESHOP AS: årsregnskap 2021 vs 2020
Grew 5069% on revenue, weaker earnings
approved 2022-06-29; registry 2022-07-07; journal 2022 644490
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACESHOP AS. Revenue 179.6k NOK → 9.29m NOK (+5069.2%). Net result +5.27m NOK → +1.02m NOK. Equity 5.29m NOK → 1.31m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACESHOP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 179.6k NOK to 9.29m NOK (+5069.2% YoY). Calculated
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↑
Operating result improved
Operating result +71 NOK → +1.40bn NOK (op. margin 0.0% → 15059.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +5.27m NOK → +1.02m NOK (net margin 2935.2% → 10.9%). Calculated
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↓
Equity eroded
Book equity 5.29m NOK → 1.31m NOK (equity ratio 1083.3% → 730.1%). Calculated
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↓
Cash fell
Bank deposits 264.1k NOK → 170.1k NOK (-35.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.42× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 23.2k NOK → 1.86m NOK (13% → 20% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 428 NOK → 5.69m NOK (+234335.5% YoY). Calculated