Org.nr 946 598 038 1993 → 1994 Year-over-year analysis

GRIEG SEAFOOD ASA: årsregnskap 1994 vs 1993

Grew 187% on revenue

Summary

What changed

Comparing Årsregnskap 1994 with 1993 for GRIEG SEAFOOD ASA. Revenue 48.67m NOK → 139.87m NOK (+187.4%). Equity 3.58m NOK → 5.82m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for GRIEG SEAFOOD ASA.

At a glance

Revenue

48.67m NOK 139.87m NOK

+187.4%

Operating result

-1.16m NOK +3.82m NOK

+428.1%

Equity

3.58m NOK 5.82m NOK

+62.6%

Total assets

n/m 38.18m NOK

—

↑
Revenue rose

Operating income / revenue moved from 48.67m NOK to 139.87m NOK (+187.4% YoY). Calculated
↑
Operating result improved

Operating result -1.16m NOK → +3.82m NOK (op. margin -2.4% → 2.7%). Calculated
↑
Equity strengthened

Book equity 3.58m NOK → 5.82m NOK. Calculated

↓
Current ratio dropped below 1×

Current ratio 1.09× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS moved

COGS / varekostnad 46.59m NOK → 4.14bn NOK (+8780.3% YoY). Calculated