FirmaIQ
Org.nr 990 976 244 2016 → 2017 Year-over-year analysis

A&O SEAFOOD EXPORT AS: årsregnskap 2017 vs 2016

Grew 12% on revenue, stronger earnings

approved 2018-12-21; registry 2018-12-27; journal 2018 937205

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A&O SEAFOOD EXPORT AS. Revenue 33.34m NOK → 37.24m NOK (+11.7%). Net result +1.28m NOK → +2.60m NOK. Equity 4.19m NOK → 4.58m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A&O SEAFOOD EXPORT AS.

At a glance

Scorecard

Revenue
33.34m NOK 37.24m NOK
+11.7%
Net result
+1.28m NOK +2.60m NOK
+103.4%
Equity
4.19m NOK 4.58m NOK
+9.2%
Cash
654.8k NOK 4.17m NOK
+536.2%
Total assets
6.68m NOK 9.89m NOK
+48.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 33.34m NOK to 37.24m NOK (+11.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.28m NOK → +2.60m NOK (net margin 3.8% → 7.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.19m NOK → 4.58m NOK (equity ratio 62.8% → 46.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 654.8k NOK → 4.17m NOK (+536.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.48m NOK → 1.93m NOK (4% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 29.16m NOK → 30.40m NOK (+4.3% YoY). Calculated