FirmaIQ
Org.nr 975 350 940 2019 → 2020 Year-over-year analysis

LERØY SEAFOOD GROUP ASA: årsregnskap 2020 vs 2019

Grew 61% on revenue, weaker earnings

approved 2021-05-26; registry 2021-08-07; journal 2021 580962

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for LERØY SEAFOOD GROUP ASA. Revenue 79.80m NOK → 128.16m NOK (+60.6%). Net result +1.70bn NOK → +568.57m NOK. Equity 10.91bn NOK → 10.29bn NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
79.80m NOK 128.16m NOK
+60.6%
Operating result
+2.40bn NOK -117.60m NOK
-104.9%
Net result
+1.70bn NOK +568.57m NOK
-66.5%
Equity
10.91bn NOK 10.29bn NOK
-5.7%
Cash
2.07bn NOK 1.97bn NOK
-4.9%
Total assets
12.66bn NOK 12.08bn NOK
-4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 79.80m NOK to 128.16m NOK (+60.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.40bn NOK → -117.60m NOK (op. margin 3008.2% → -91.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.70bn NOK → +568.57m NOK (net margin 2124.6% → 443.6%). Calculated

  • ↓

    Equity eroded

    Book equity 10.91bn NOK → 10.29bn NOK (equity ratio 86.2% → 85.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.07bn NOK → 1.97bn NOK (-4.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.04m NOK → 12.09m NOK. Reported fact