Org.nr 990 976 244 2023 → 2024 Year-over-year analysis

A&O SEAFOOD EXPORT AS: årsregnskap 2024 vs 2023

Shrank 28% on revenue, weaker earnings

approved 2025-06-30; registry 2025-12-30; journal 2025 765594

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A&O SEAFOOD EXPORT AS. Revenue 387.01m NOK → 277.42m NOK (-28.3%). Net result +20.72m NOK → +10.01m NOK. Equity 26.11m NOK → 36.13m NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for A&O SEAFOOD EXPORT AS.

Scorecard

Revenue
387.01m NOK 277.42m NOK
-28.3%
Operating result
+26.50m NOK +10.66m NOK
-59.8%
Net result
+20.72m NOK +10.01m NOK
-51.7%
Equity
26.11m NOK 36.13m NOK
+38.3%
Cash
497.6k NOK 774.1k NOK
+55.6%
Total assets
108.09m NOK 134.35m NOK
+24.3%

What improved

  • ↑

    Equity strengthened

    Book equity 26.11m NOK → 36.13m NOK (equity ratio 24.2% → 26.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 497.6k NOK → 774.1k NOK (+55.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 387.01m NOK to 277.42m NOK (-28.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +26.50m NOK → +10.66m NOK (op. margin 6.8% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +20.72m NOK → +10.01m NOK (net margin 5.4% → 3.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.88m NOK → 3.04m NOK (1% → 1% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 351.69m NOK → 259.05m NOK (-26.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.40m NOK → 1 392 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 3. Reported fact