Norway Royal Salmon Past Earnings Performance
Past criteria checks 0/6
Norway Royal Salmon's earnings have been declining at an average annual rate of -12.1%, while the Food industry saw earnings growing at 3.9% annually. Revenues have been growing at an average rate of 4% per year. Norway Royal Salmon's return on equity is 6.6%, and it has net margins of 4.7%.
Key information
-12.1%
Earnings growth rate
-11.9%
EPS growth rate
| Food Industry Growth | 3.9% |
| Revenue growth rate | 4.0% |
| Return on equity | 6.6% |
| Net Margin | 4.7% |
| Next Earnings Update | 16 Nov 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Norway Royal Salmon makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 22 | 6,369 | 300 | 300 | 0 |
| 31 Mar 22 | 6,024 | 371 | 299 | 0 |
| 31 Dec 21 | 5,801 | 617 | 289 | 0 |
| 30 Sep 21 | 5,445 | 411 | 252 | 0 |
| 30 Jun 21 | 5,314 | 504 | 225 | 0 |
| 31 Mar 21 | 5,271 | 345 | 208 | 0 |
| 31 Dec 20 | 5,119 | 80 | 190 | 0 |
| 30 Sep 20 | 5,461 | 438 | 189 | 0 |
| 30 Jun 20 | 5,454 | 279 | 183 | 0 |
| 31 Mar 20 | 5,370 | 280 | 185 | 0 |
| 31 Dec 19 | 5,587 | 384 | 185 | 0 |
| 30 Sep 19 | 5,691 | 363 | 176 | 0 |
| 30 Jun 19 | 5,171 | 441 | 162 | 0 |
| 31 Mar 19 | 5,176 | 553 | 160 | 0 |
| 31 Dec 18 | 5,081 | 665 | 164 | 0 |
| 30 Sep 18 | 4,724 | 397 | 163 | 0 |
| 30 Jun 18 | 5,205 | 520 | 175 | 0 |
| 31 Mar 18 | 5,228 | 517 | 177 | 0 |
| 31 Dec 17 | 4,938 | 229 | 162 | 0 |
| 30 Sep 17 | 4,878 | 802 | 153 | 0 |
| 30 Jun 17 | 4,625 | 836 | 156 | 0 |
| 31 Mar 17 | 4,387 | 746 | 147 | 0 |
| 31 Dec 16 | 4,224 | 988 | 159 | 0 |
| 30 Sep 16 | 4,036 | 735 | 158 | 0 |
| 30 Jun 16 | 3,700 | 602 | 150 | 0 |
| 31 Mar 16 | 3,389 | 501 | 143 | 0 |
| 31 Dec 15 | 3,211 | 230 | 130 | 0 |
Quality Earnings: NRSO has a large one-off loss of NOK119.2M impacting its last 12 months of financial results to 30th June, 2022.
Growing Profit Margin: NRSO's current net profit margins (4.7%) are lower than last year (9.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NRSO's earnings have declined by 12.1% per year over the past 5 years.
Accelerating Growth: NRSO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NRSO had negative earnings growth (-40.4%) over the past year, making it difficult to compare to the Food industry average (4.5%).
Return on Equity
High ROE: NRSO's Return on Equity (6.6%) is considered low.