FirmaIQ
Org.nr 929 975 200 2018 → 2019 Year-over-year analysis

AUSTEVOLL SEAFOOD ASA: årsregnskap 2019 vs 2018

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2020-04-23; registry 2020-07-22; journal 2020 600505

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AUSTEVOLL SEAFOOD ASA. Revenue 2.09m NOK → 2.26m NOK (+8.0%). Net result +4.23bn NOK → +2.20bn NOK. Equity 4.24bn NOK → 4.37bn NOK.

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

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AUSTEVOLL SEAFOOD ASA.

At a glance

Scorecard

Revenue
2.09m NOK 2.26m NOK
+8.0%
Operating result
n/m -33.12m NOK
—
Net result
+4.23bn NOK +2.20bn NOK
-48.1%
Equity
4.24bn NOK 4.37bn NOK
+2.9%
Cash
582.10m NOK 728.8k NOK
-99.9%
Total assets
6.24bn NOK 6.10bn NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.09m NOK to 2.26m NOK (+8.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.24bn NOK → 4.37bn NOK (equity ratio 68.0% → 71.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.24bn NOK → 4.37bn NOK (+125.07m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +4.23bn NOK → +2.20bn NOK (net margin 202537.1% → 97341.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 582.10m NOK → 728.8k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (582.10m NOK → 728.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 302.00m NOK → 12.56m NOK (-95.8% YoY). Calculated