AUSTEVOLL SEAFOOD ASA: årsregnskap 2023 vs 2022
Grew 20% on revenue, stronger earnings, cash halved-plus
approved 2024-05-29; registry 2024-07-02; journal 2024 530441
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AUSTEVOLL SEAFOOD ASA. Revenue 2.16m NOK → 2.59m NOK (+19.7%). Net result +1.14m NOK → +1.10bn NOK. Equity 4.43bn NOK → 4.62bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AUSTEVOLL SEAFOOD ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.16m NOK to 2.59m NOK (+19.7% YoY). Calculated
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Net result improved
Net result +1.14m NOK → +1.10bn NOK (net margin 52.9% → 42569.0%). Calculated
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Equity strengthened
Book equity 4.43bn NOK → 4.62bn NOK (equity ratio 69.2% → 71.7%). Calculated
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Owners injected capital
Paid-in equity rose 4.43bn NOK → 4.62bn NOK (+192.63m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -38.73m NOK → -43.55m NOK (op. margin -1793.1% → -1684.0%). Calculated
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↓
Cash fell
Bank deposits 207.74m NOK → 497.7k NOK (-99.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (207.74m NOK → 497.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS moved
COGS / varekostnad 16.29bn NOK → 18.74bn NOK (+15.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 4.86bn NOK → 4.60bn NOK. Reported fact