Org.nr 975 350 940 2017 → 2018 Year-over-year analysis

LERØY SEAFOOD GROUP ASA: årsregnskap 2018 vs 2017

Grew 14% on revenue, stronger earnings

approved 2019-04-12; registry 2019-07-24; journal 2019 787840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for LERØY SEAFOOD GROUP ASA. Revenue 60.72m NOK → 69.12m NOK (+13.8%). Net result +1.75bn NOK → +3.60bn NOK. Equity 8.98bn NOK → 10.11bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for LERØY SEAFOOD GROUP ASA.

Scorecard

Revenue
60.72m NOK 69.12m NOK
+13.8%
Operating result
n/m +4.32bn NOK
—
Net result
+1.75bn NOK +3.60bn NOK
+105.7%
Equity
8.98bn NOK 10.11bn NOK
+12.6%
Cash
943.6k NOK 1.55m NOK
+64.6%
Total assets
12.07bn NOK 12.42bn NOK
+2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.72m NOK to 69.12m NOK (+13.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.75bn NOK → +3.60bn NOK (net margin 2881.2% → 5205.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.98bn NOK → 10.11bn NOK (equity ratio 74.4% → 81.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 943.6k NOK → 1.55m NOK (+64.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.09m NOK → 3.94m NOK. Reported fact