FirmaIQ
Org.nr 975 350 940 2020 → 2021 Year-over-year analysis

LERØY SEAFOOD GROUP ASA: årsregnskap 2021 vs 2020

Shrank 100% on revenue, weaker earnings

approved 2022-05-23; registry 2022-07-06; journal 2022 576692

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for LERØY SEAFOOD GROUP ASA. Revenue 128.16m NOK → 145.1k NOK (-99.9%). Net result +568.57m NOK → +1.42m NOK. Equity 10.29bn NOK → 10.23bn NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
128.16m NOK 145.1k NOK
-99.9%
Operating result
-117.60m NOK -216.45m NOK
-84.1%
Net result
+568.57m NOK +1.42m NOK
-99.7%
Equity
10.29bn NOK 10.23bn NOK
-0.6%
Cash
1.97bn NOK 2.62bn NOK
+32.8%
Total assets
12.08bn NOK 13.80bn NOK
+14.3%

What improved

  • ↑

    Cash rose

    Bank deposits 1.97bn NOK → 2.62bn NOK (+32.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 128.16m NOK to 145.1k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -117.60m NOK → -216.45m NOK (op. margin -91.8% → -149196.3%). Calculated

  • ↓

    Net result weakened

    Net result +568.57m NOK → +1.42m NOK (net margin 443.6% → 981.9%). Calculated

  • ↓

    Equity eroded

    Book equity 10.29bn NOK → 10.23bn NOK (equity ratio 85.2% → 74.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 88.05m NOK → 11.13bn NOK (69% → 7675119% of revenue). Calculated