Org.nr 946 598 038 2023 → 2024 Year-over-year analysis

GRIEG SEAFOOD ASA: årsregnskap 2024 vs 2023

Shrank 100% on revenue, slipped into loss

approved 2025-06-04; registry 2025-07-26; journal 2025 702894

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for GRIEG SEAFOOD ASA. Revenue 258.14m NOK → 271.3k NOK (-99.9%). Net result +159.11m NOK → -31.35m NOK. Equity 2.98bn NOK → 2.96bn NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
258.14m NOK 271.3k NOK
-99.9%
Operating result
+84.95m NOK -2.19bn NOK
-2672.5%
Net result
+159.11m NOK -31.35m NOK
-119.7%
Equity
2.98bn NOK 2.96bn NOK
-0.8%
Cash
27.19m NOK 88.48m NOK
+225.4%
Total assets
7.58bn NOK 10.44bn NOK
+37.6%

What improved

  • ↑

    Cash rose

    Bank deposits 27.19m NOK → 88.48m NOK (+225.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 677.1k NOK → 678.7k NOK (+1 592 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 258.14m NOK to 271.3k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +84.95m NOK → -2.19bn NOK (op. margin 32.9% → -805572.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 159.11m NOK profit to a loss of 31.35m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.98bn NOK → 2.96bn NOK (equity ratio 39.3% → 28.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 14 NOK → 8.79m NOK (0% → 3241% of revenue). Calculated