Org.nr 975 350 940 2022 → 2023 Year-over-year analysis

LERØY SEAFOOD GROUP ASA: årsregnskap 2023 vs 2022

Grew 113% on revenue, weaker earnings

approved 2024-04-29; registry 2024-08-20; journal 2024 724046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for LERØY SEAFOOD GROUP ASA. Revenue 192.8k NOK → 410.5k NOK (+112.9%). Net result +321.14m NOK → +1.55m NOK. Equity 9.06bn NOK → 9.12bn NOK.

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

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

Scorecard

Revenue
192.8k NOK 410.5k NOK
+112.9%
Operating result
-248.28m NOK -196.68m NOK
+20.8%
Net result
+321.14m NOK +1.55m NOK
-99.5%
Equity
9.06bn NOK 9.12bn NOK
+0.7%
Cash
2.33bn NOK 2.36bn NOK
+1.1%
Total assets
12.42bn NOK 14.50bn NOK
+16.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 192.8k NOK to 410.5k NOK (+112.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -248.28m NOK → -196.68m NOK (op. margin -128795.3% → -47916.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.06bn NOK → 9.12bn NOK (equity ratio 72.9% → 62.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.33bn NOK → 2.36bn NOK (+1.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +321.14m NOK → +1.55m NOK (net margin 166593.5% → 377.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.17m NOK → 11.22m NOK (5797% → 2733% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.07m NOK → 5.29m NOK. Reported fact