LERØY SEAFOOD GROUP ASA: årsregnskap 2019 vs 2018
Grew 15% on revenue, weaker earnings
approved 2020-05-27; registry 2020-08-04; journal 2020 642604
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for LERØY SEAFOOD GROUP ASA. Revenue 69.12m NOK → 79.80m NOK (+15.5%). Net result +3.60bn NOK → +1.70bn NOK. Equity 10.11bn NOK → 10.91bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for LERØY SEAFOOD GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 69.12m NOK to 79.80m NOK (+15.5% YoY). Calculated
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↑
Equity strengthened
Book equity 10.11bn NOK → 10.91bn NOK (equity ratio 81.4% → 86.2%). Calculated
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↑
Cash rose
Bank deposits 1.55m NOK → 2.07bn NOK (+133359.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4.32bn NOK → +2.40bn NOK (op. margin 6255.0% → 3008.2%). Calculated
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↓
Net result weakened
Net result +3.60bn NOK → +1.70bn NOK (net margin 5205.4% → 2124.6%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 8.75m NOK → 25.28m NOK (+188.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.94m NOK → 10.04m NOK. Reported fact