FirmaIQ
Org.nr 946 598 038 2001 → 2002 Year-over-year analysis

GRIEG SEAFOOD ASA: årsregnskap 2002 vs 2001

Shrank 18% on revenue, stronger earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for GRIEG SEAFOOD ASA. Revenue 221.57m NOK → 182.66m NOK (-17.6%). Net result +2 000 NOK → +237.89m NOK. Equity 146.34m NOK → 174.71m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for GRIEG SEAFOOD ASA.

At a glance

Scorecard

Revenue
221.57m NOK 182.66m NOK
-17.6%
Operating result
-5.85m NOK +9.47m NOK
+262.1%
Net result
+2 000 NOK +237.89m NOK
+11894365.7%
Equity
146.34m NOK 174.71m NOK
+19.4%
Total assets
300.16m NOK 330.89m NOK
+10.2%

What improved

  • ↑

    Operating result improved

    Operating result -5.85m NOK → +9.47m NOK (op. margin -2.6% → 5.2%). Calculated

  • ↑

    Net result improved

    Net result +2 000 NOK → +237.89m NOK (net margin 0.0% → 130.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 146.34m NOK → 174.71m NOK (equity ratio 48.8% → 52.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.80× → 2.26×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 97.80m NOK → 164.06m NOK (+66.26m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 221.57m NOK to 182.66m NOK (-17.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 202.70m NOK → 167.67m NOK (-17.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 44.03m NOK. Reported fact