Org.nr 929 975 200 2020 → 2021 Year-over-year analysis

AUSTEVOLL SEAFOOD ASA: årsregnskap 2021 vs 2020

Shrank 8% on revenue, stronger earnings

approved 2022-05-24; registry 2022-06-22; journal 2022 481767

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AUSTEVOLL SEAFOOD ASA. Revenue 2.05m NOK → 1.88m NOK (-8.2%). Net result +727.6k NOK → +910.7k NOK. Equity 4.39bn NOK → 4.39bn NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.05m NOK 1.88m NOK
-8.2%
Operating result
-32.28m NOK -33.15m NOK
-2.7%
Net result
+727.6k NOK +910.7k NOK
+25.2%
Equity
4.39bn NOK 4.39bn NOK
+0.1%
Cash
743.5k NOK 357.63m NOK
+48003.3%
Total assets
6.29bn NOK 5.94bn NOK
-5.6%

What improved

  • ↑

    Net result improved

    Net result +727.6k NOK → +910.7k NOK (net margin 35.5% → 48.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.39bn NOK → 4.39bn NOK (equity ratio 69.8% → 74.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 743.5k NOK → 357.63m NOK (+48003.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.39bn NOK → 4.39bn NOK (+2.52m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.05m NOK to 1.88m NOK (-8.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -32.28m NOK → -33.15m NOK (op. margin -1573.0% → -1759.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 13.08bn NOK → 14.11bn NOK (+7.9% YoY). Calculated