FirmaIQ
Org.nr 929 975 200 2019 → 2020 Year-over-year analysis

AUSTEVOLL SEAFOOD ASA: årsregnskap 2020 vs 2019

Shrank 9% on revenue, weaker earnings

approved 2021-04-21; registry 2021-06-23; journal 2021 361601

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AUSTEVOLL SEAFOOD ASA. Revenue 2.26m NOK → 2.05m NOK (-9.1%). Net result +2.20bn NOK → +727.6k NOK. Equity 4.37bn NOK → 4.39bn NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.26m NOK 2.05m NOK
-9.1%
Operating result
-33.12m NOK -32.28m NOK
+2.5%
Net result
+2.20bn NOK +727.6k NOK
-100.0%
Equity
4.37bn NOK 4.39bn NOK
+0.5%
Cash
728.8k NOK 743.5k NOK
+2.0%
Total assets
6.10bn NOK 6.29bn NOK
+3.1%

What improved

  • ↑

    Operating result improved

    Operating result -33.12m NOK → -32.28m NOK (op. margin -1467.3% → -1573.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.37bn NOK → 4.39bn NOK (equity ratio 71.6% → 69.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 728.8k NOK → 743.5k NOK (+2.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.37bn NOK → 4.39bn NOK (+23.41m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.26m NOK to 2.05m NOK (-9.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.20bn NOK → +727.6k NOK (net margin 97341.6% → 35.5%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 12.56m NOK → 13.08bn NOK (+103991.1% YoY). Calculated