Org.nr 964 118 191 2022 → 2023 Year-over-year analysis

MOWI ASA: årsregnskap 2023 vs 2022

Shrank 8% on revenue, weaker earnings

approved 2024-03-19; registry 2024-05-25; journal 2024 373566

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for MOWI ASA. Revenue 2.08bn NOK → 1.91bn NOK (-7.8%). Net result +558.00m NOK → +440.00m NOK. Equity 3.11bn NOK → 3.01bn NOK.

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

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

Scorecard

Revenue
2.08bn NOK 1.91bn NOK
-7.8%
Operating result
+607.0k NOK +277.00m NOK
+45534.3%
Net result
+558.00m NOK +440.00m NOK
-21.1%
Equity
3.11bn NOK 3.01bn NOK
-3.1%
Cash
74.00m NOK 159.00m NOK
+114.9%
Total assets
5.96bn NOK 8.26bn NOK
+38.6%

What improved

  • ↑

    Operating result improved

    Operating result +607.0k NOK → +277.00m NOK (op. margin 0.0% → 14.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 74.00m NOK → 159.00m NOK (+114.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.08bn NOK to 1.91bn NOK (-7.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +558.00m NOK → +440.00m NOK (net margin 26.9% → 23.0%). Calculated

  • ↓

    Equity eroded

    Book equity 3.11bn NOK → 3.01bn NOK (equity ratio 52.2% → 36.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.13bn NOK → 3.82bn NOK. Reported fact