FirmaIQ
Org.nr 990 976 244 2020 → 2021 Year-over-year analysis

A&O SEAFOOD EXPORT AS: årsregnskap 2021 vs 2020

Grew 96% on revenue, weaker earnings

approved 2022-06-30; registry 2022-08-29; journal 2022 906576

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A&O SEAFOOD EXPORT AS. Revenue 27.82m NOK → 54.54m NOK (+96.1%). Net result +1.55m NOK → +771.6k NOK. Equity 5.18m NOK → 5.83m NOK.

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

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
27.82m NOK 54.54m NOK
+96.1%
Operating result
+2.24m NOK +1.10m NOK
-50.8%
Net result
+1.55m NOK +771.6k NOK
-50.3%
Equity
5.18m NOK 5.83m NOK
+12.6%
Cash
1.41m NOK 1.16m NOK
-17.5%
Total assets
18.50m NOK 22.49m NOK
+21.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.82m NOK to 54.54m NOK (+96.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.18m NOK → 5.83m NOK (equity ratio 28.0% → 25.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.24m NOK → +1.10m NOK (op. margin 8.1% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.55m NOK → +771.6k NOK (net margin 5.6% → 1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.41m NOK → 1.16m NOK (-17.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.35m NOK → 1.84m NOK (5% → 3% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 22.52m NOK → 48.04m NOK (+113.3% YoY). Calculated