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Org.nr 946 598 038 2004 → 2005 Year-over-year analysis

GRIEG SEAFOOD ASA: årsregnskap 2005 vs 2004

Shrank 22% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for GRIEG SEAFOOD ASA. Revenue 14.39m NOK → 11.19m NOK (-22.3%). Equity 194.42m NOK → 196.68m NOK.

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

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

At a glance

Scorecard

Revenue
14.39m NOK 11.19m NOK
-22.3%
Operating result
-32.50m NOK -2.45m NOK
+92.5%
Net result
n/m +2.25m NOK
—
Equity
194.42m NOK 196.68m NOK
+1.2%
Total assets
385.28m NOK 384.89m NOK
-0.1%

What improved

  • ↑

    Operating result improved

    Operating result -32.50m NOK → -2.45m NOK (op. margin -225.9% → -21.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 194.42m NOK → 196.68m NOK (equity ratio 50.5% → 51.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.64m NOK → 2 005 NOK (32% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.39m NOK to 11.19m NOK (-22.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 236.05m NOK → 196.68m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 8.90m NOK → 2.54m NOK (-71.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 32.57m NOK → 34.98m NOK. Reported fact