MOWI ASA: årsregnskap 2019 vs 2018
Grew 7379% on revenue, stronger earnings
approved 2020-03-24; registry 2020-08-27; journal 2020 704229
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for MOWI ASA. Revenue 19.00m NOK → 1.42bn NOK (+7378.9%). Net result +566.0k NOK → +727.0k NOK. Equity 2.12bn NOK → 2.44bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for MOWI ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 19.00m NOK to 1.42bn NOK (+7378.9% YoY). Calculated
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Net result improved
Net result +566.0k NOK → +727.0k NOK (net margin 3.0% → 0.1%). Calculated
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Equity strengthened
Book equity 2.12bn NOK → 2.44bn NOK (equity ratio 54.0% → 49.5%). Calculated
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Cash rose
Bank deposits 33.00m NOK → 40.00m NOK (+21.2% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 2.12bn NOK → 1.68bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 2.83bn NOK → 2.88bn NOK. Reported fact