Org.nr 992 709 014 2013 → 2014 Year-over-year analysis

3P BIOTECH NORWAY AS: årsregnskap 2014 vs 2013

Weaker earnings

approved 2015-08-04; registry 2015-08-22; journal 2015 735144

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 3P BIOTECH NORWAY AS. Net result -89.9k NOK → -185.2k NOK. Equity -140.9k NOK → -326.1k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3P BIOTECH NORWAY AS.

Scorecard

Operating result
-89.9k NOK -185.2k NOK
-105.9%
Net result
-89.9k NOK -185.2k NOK
-106.0%
Equity
-140.9k NOK -326.1k NOK
-131.4%
Cash
15.6k NOK 11.3k NOK
-27.3%
Total assets
182.8k NOK 234.0k NOK
+28.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -89.9k NOK → -185.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result -89.9k NOK → -185.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -140.9k NOK → -326.1k NOK (equity ratio -77.1% → -139.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.6k NOK → 11.3k NOK (-27.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -139.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation