Org.nr 946 598 038 2009 → 2010 Year-over-year analysis

GRIEG SEAFOOD ASA: årsregnskap 2010 vs 2009

Stronger earnings

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for GRIEG SEAFOOD ASA. Net result +230.9k NOK → +631.0k NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; current ratio dropped below 1×.

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

At a glance

Revenue

n/m 2.45m NOK

—

Operating result

+275.1k NOK -28.1k NOK

-110.2%

Net result

+230.9k NOK +631.0k NOK

+173.3%

Equity

246.6k NOK n/m

—

Total assets

2.56m NOK 2.41m NOK

-6.1%

↓
Operating result weakened

Operating result +275.1k NOK → -28.1k NOK. Calculated
↓
Current ratio dropped below 1×

Current ratio 1.16× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated