GRIEG SEAFOOD ASA: årsregnskap 2013 vs 2012
Grew 17% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for GRIEG SEAFOOD ASA. Revenue 2.05m NOK → 2.40m NOK (+17.3%). Net result -147.2k NOK → +431.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for GRIEG SEAFOOD ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.05m NOK to 2.40m NOK (+17.3% YoY). Calculated
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↑
Operating result improved
Operating result -27.9k NOK → +31.8k NOK (op. margin -1.4% → 1.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 147.2k NOK to a profit of 431.0k NOK. Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 9 490 NOK → 11.6k NOK. Reported fact