A&O SEAFOOD EXPORT AS: årsregnskap 2023 vs 2022
Grew 408% on revenue, stronger earnings
approved 2024-06-30; registry 2024-09-02; journal 2024 738496
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&O SEAFOOD EXPORT AS. Revenue 76.21m NOK → 387.01m NOK (+407.8%). Net result +368.2k NOK → +20.72m NOK. Equity 5.40m NOK → 26.11m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A&O SEAFOOD EXPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 76.21m NOK to 387.01m NOK (+407.8% YoY). Calculated
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Operating result improved
Operating result +1.70m NOK → +26.50m NOK (op. margin 2.2% → 6.8%). Calculated
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Net result improved
Net result +368.2k NOK → +20.72m NOK (net margin 0.5% → 5.4%). Calculated
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Equity strengthened
Book equity 5.40m NOK → 26.11m NOK (equity ratio 14.1% → 24.2%). Calculated
What deteriorated
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Cash fell
Bank deposits 556.2k NOK → 497.6k NOK (-10.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.44m NOK → 2.88m NOK (3% → 1% of revenue). Calculated
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COGS moved
COGS / varekostnad 69.16m NOK → 351.69m NOK (+408.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 30.0k NOK → 2.40m NOK. Reported fact