FirmaIQ
Org.nr 960 514 718 2018 → 2019 Year-over-year analysis

SALMAR ASA: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-03; registry 2020-06-23; journal 2020 466982

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for SALMAR ASA. Revenue 88.92m NOK → 87.08m NOK (-2.1%). Net result +3.57bn NOK → +2.49bn NOK. Equity 2.56bn NOK → 4.84bn NOK.

On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
88.92m NOK 87.08m NOK
-2.1%
Operating result
+4.31bn NOK +3.03bn NOK
-29.5%
Net result
+3.57bn NOK +2.49bn NOK
-30.3%
Equity
2.56bn NOK 4.84bn NOK
+89.4%
Cash
12.39m NOK 9.77m NOK
-21.1%
Total assets
8.59bn NOK 8.89bn NOK
+3.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.56bn NOK → 4.84bn NOK (equity ratio 29.8% → 54.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.57×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 590.8k NOK → 638.0k NOK (+47.3k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 62.55m NOK → 62.06m NOK (70% → 71% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 88.92m NOK to 87.08m NOK (-2.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.31bn NOK → +3.03bn NOK (op. margin 4843.1% → 3484.8%). Calculated

  • ↓

    Net result weakened

    Net result +3.57bn NOK → +2.49bn NOK (net margin 4012.9% → 2857.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.39m NOK → 9.77m NOK (-21.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 113.0k NOK → 103.0k NOK. Reported fact