FirmaIQ
Org.nr 990 976 244 2017 → 2018 Year-over-year analysis

A&O SEAFOOD EXPORT AS: årsregnskap 2018 vs 2017

Grew 44% on revenue, stronger earnings

approved 2019-06-30; registry 2019-07-10; journal 2019 668932

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A&O SEAFOOD EXPORT AS. Revenue 37.24m NOK → 53.68m NOK (+44.2%). Net result +2.60m NOK → +3.40m NOK. Equity 4.58m NOK → 5.58m NOK.

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

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

At a glance

Scorecard

Revenue
37.24m NOK 53.68m NOK
+44.2%
Net result
+2.60m NOK +3.40m NOK
+30.9%
Equity
4.58m NOK 5.58m NOK
+21.9%
Cash
4.17m NOK 3.42m NOK
-17.8%
Total assets
9.89m NOK 9.13m NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.24m NOK to 53.68m NOK (+44.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.60m NOK → +3.40m NOK (net margin 7.0% → 6.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.58m NOK → 5.58m NOK (equity ratio 46.3% → 61.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.93m NOK → 1.65m NOK (5% → 3% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.17m NOK → 3.42m NOK (-17.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 30.40m NOK → 44.75m NOK (+47.2% YoY). Calculated