Org.nr 975 350 940 2021 → 2022 Year-over-year analysis

LERØY SEAFOOD GROUP ASA: årsregnskap 2022 vs 2021

Grew 33% on revenue, stronger earnings

approved 2023-05-23; registry 2023-08-12; journal 2023 671875

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for LERØY SEAFOOD GROUP ASA. Revenue 145.1k NOK → 192.8k NOK (+32.9%). Net result +1.42m NOK → +321.14m NOK. Equity 10.23bn NOK → 9.06bn NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
145.1k NOK 192.8k NOK
+32.9%
Operating result
-216.45m NOK -248.28m NOK
-14.7%
Net result
+1.42m NOK +321.14m NOK
+22443.5%
Equity
10.23bn NOK 9.06bn NOK
-11.4%
Cash
2.62bn NOK 2.33bn NOK
-10.9%
Total assets
13.80bn NOK 12.42bn NOK
-10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 145.1k NOK to 192.8k NOK (+32.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.42m NOK → +321.14m NOK (net margin 981.9% → 166593.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.13bn NOK → 11.17m NOK (7675119% → 5797% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -216.45m NOK → -248.28m NOK (op. margin -149196.3% → -128795.3%). Calculated

  • ↓

    Equity eroded

    Book equity 10.23bn NOK → 9.06bn NOK (equity ratio 74.1% → 72.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.62bn NOK → 2.33bn NOK (-10.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.09m NOK → 9.07m NOK. Reported fact