FirmaIQ
Org.nr 990 976 244 2018 → 2019 Year-over-year analysis

A&O SEAFOOD EXPORT AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-15; registry 2020-06-25; journal 2020 486873

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A&O SEAFOOD EXPORT AS. Revenue 53.68m NOK → 52.69m NOK (-1.9%). Net result +3.40m NOK → +1.75m NOK. Equity 5.58m NOK → 6.43m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
53.68m NOK 52.69m NOK
-1.9%
Operating result
n/m +2.15m NOK
—
Net result
+3.40m NOK +1.75m NOK
-48.7%
Equity
5.58m NOK 6.43m NOK
+15.1%
Cash
3.42m NOK 3.08m NOK
-10.1%
Total assets
9.13m NOK 11.93m NOK
+30.6%

What improved

  • ↑

    Equity strengthened

    Book equity 5.58m NOK → 6.43m NOK (equity ratio 61.1% → 53.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 53.68m NOK to 52.69m NOK (-1.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.40m NOK → +1.75m NOK (net margin 6.3% → 3.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.42m NOK → 3.08m NOK (-10.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.65m NOK → 2.33m NOK (3% → 4% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 44.75m NOK → 46.33m NOK (+3.5% YoY). Calculated