Org.nr 960 514 718 2021 → 2022 Year-over-year analysis

SALMAR ASA: årsregnskap 2022 vs 2021

Grew 1664% on revenue, stronger earnings, fresh owner capital

approved 2023-06-08; registry 2023-06-24; journal 2023 510093

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for SALMAR ASA. Revenue 84.32m NOK → 1.49bn NOK (+1664.4%). Net result +1.79bn NOK → +2.79bn NOK. Equity 5.50bn NOK → 14.90bn NOK.

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

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

Scorecard

Revenue
84.32m NOK 1.49bn NOK
+1664.4%
Operating result
-72.78m NOK -305.96m NOK
-320.4%
Net result
+1.79bn NOK +2.79bn NOK
+55.4%
Equity
5.50bn NOK 14.90bn NOK
+171.0%
Cash
10.81m NOK 1.41bn NOK
+12950.5%
Total assets
13.67bn NOK 37.40bn NOK
+173.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 84.32m NOK to 1.49bn NOK (+1664.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.79bn NOK → +2.79bn NOK (net margin 2125.8% → 187.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.50bn NOK → 14.90bn NOK (equity ratio 40.2% → 39.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.81m NOK → 1.41bn NOK (+12950.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.69× → 1.56×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -72.78m NOK → -305.96m NOK (op. margin -86.3% → -20.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 65.88m NOK → 94.04m NOK (78% → 6% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 110.0k NOK → 1 409 NOK (-98.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 154 NOK → 152.0k NOK. Reported fact