SALMON EVOLUTION ASA: årsregnskap 2023 vs 2022
Grew 93% on revenue, weaker earnings, cash halved-plus
approved 2024-06-05; registry 2024-08-06; journal 2024 623314
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for SALMON EVOLUTION ASA. Revenue 15.21m NOK → 29.38m NOK (+93.1%). Net result +18.29m NOK → +4.13m NOK. Equity 1.66bn NOK → 2.16bn NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for SALMON EVOLUTION ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.21m NOK to 29.38m NOK (+93.1% YoY). Calculated
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Equity strengthened
Book equity 1.66bn NOK → 2.16bn NOK (equity ratio 95.6% → 93.9%). Calculated
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Owners injected capital
Paid-in equity rose 1.63bn NOK → 2.13bn NOK (+503.42m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -36.30m NOK → -61.98m NOK (op. margin -238.6% → -211.0%). Calculated
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↓
Net result weakened
Net result +18.29m NOK → +4.13m NOK (net margin 120.2% → 14.1%). Calculated
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↓
Cash fell
Bank deposits 254.61m NOK → 377.4k NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.23× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (254.61m NOK → 377.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS moved
COGS / varekostnad 34.71m NOK → 7.13bn NOK (+20433.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.42bn NOK → 1.79bn NOK. Reported fact