Org.nr 964 118 191 2023 → 2024 Year-over-year analysis

MOWI ASA: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus

approved 2024-12-31; registry 2025-08-16; journal 2025 741982

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for MOWI ASA. Revenue 1.91bn NOK → 1.93bn NOK (+0.9%). Net result +440.00m NOK → +194.00m NOK. Equity 3.01bn NOK → 2.92bn NOK.

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

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

Scorecard

Revenue
1.91bn NOK 1.93bn NOK
+0.9%
Operating result
+277.00m NOK +267.00m NOK
-3.6%
Net result
+440.00m NOK +194.00m NOK
-55.9%
Equity
3.01bn NOK 2.92bn NOK
-3.1%
Cash
159.00m NOK 163.0k NOK
-99.9%
Total assets
8.26bn NOK 6.44bn NOK
-22.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.91bn NOK to 1.93bn NOK (+0.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +277.00m NOK → +267.00m NOK (op. margin 14.5% → 13.8%). Calculated

  • ↓

    Net result weakened

    Net result +440.00m NOK → +194.00m NOK (net margin 23.0% → 10.0%). Calculated

  • ↓

    Equity eroded

    Book equity 3.01bn NOK → 2.92bn NOK (equity ratio 36.5% → 45.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 159.00m NOK → 163.0k NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.13× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (159.00m NOK → 163.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.82bn NOK → 4.02bn NOK. Reported fact