FirmaIQ
Org.nr 964 118 191 2019 → 2020 Year-over-year analysis

MOWI ASA: årsregnskap 2020 vs 2019

Shrank 10% on revenue, stronger earnings

approved 2021-06-09; registry 2021-06-30; journal 2021 420289

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for MOWI ASA. Revenue 1.42bn NOK → 1.28bn NOK (-9.6%). Net result +727.0k NOK → +72.00m NOK. Equity 2.44bn NOK → 2.37bn NOK.

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

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

At a glance

Scorecard

Revenue
1.42bn NOK 1.28bn NOK
-9.6%
Operating result
+390.00m NOK +137.00m NOK
-64.9%
Net result
+727.0k NOK +72.00m NOK
+9803.7%
Equity
2.44bn NOK 2.37bn NOK
-2.7%
Cash
40.00m NOK 25.00m NOK
-37.5%
Total assets
4.93bn NOK 5.03bn NOK
+2.2%

What improved

  • ↑

    Net result improved

    Net result +727.0k NOK → +72.00m NOK (net margin 0.1% → 5.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.42bn NOK to 1.28bn NOK (-9.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +390.00m NOK → +137.00m NOK (op. margin 27.4% → 10.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.44bn NOK → 2.37bn NOK (equity ratio 49.5% → 47.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 40.00m NOK → 25.00m NOK (-37.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.88bn NOK → 2.76bn NOK. Reported fact