A/S Longvafisk: årsregnskap 2022 vs 2021
Grew 15% on revenue, weaker earnings
registry 2023-03-25; journal 2023 334714
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A/S Longvafisk. Revenue 15.94m NOK → 18.29m NOK (+14.7%). Net result +258.1k NOK → +196.7k NOK. Equity 796.8k NOK → 993.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Longvafisk.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.94m NOK to 18.29m NOK (+14.7% YoY). Calculated
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↑
Equity strengthened
Book equity 796.8k NOK → 993.6k NOK (equity ratio 30.9% → 22.6%). Calculated
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↑
Cash rose
Bank deposits 152.8k NOK → 195.4k NOK (+27.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +286.3k NOK → +210.0k NOK (op. margin 1.8% → 1.1%). Calculated
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↓
Net result weakened
Net result +258.1k NOK → +196.7k NOK (net margin 1.6% → 1.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.00m NOK → 2.63m NOK (13% → 14% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 12.65m NOK → 14.16m NOK (+11.9% YoY). Calculated