Org.nr 983 644 600 2012 → 2013 Year-over-year analysis

CYTOVATION ASA: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-06-30; registry 2014-07-08; journal 2014 549374

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for CYTOVATION ASA. Net result -308.7k NOK → -558.5k NOK. Equity 1.43m NOK → 4.87m NOK.

On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for CYTOVATION ASA.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-356.0k NOK -586.5k NOK

-64.8%

Net result

-308.7k NOK -558.5k NOK

-80.9%

Equity

1.43m NOK 4.87m NOK

+240.6%

Cash

1.58m NOK 964.2k NOK

-39.0%

Total assets

1.70m NOK 1.12m NOK

-34.1%

↑
Equity strengthened

Book equity 1.43m NOK → 4.87m NOK (equity ratio 84.1% → 435.1%). Calculated

↓
Operating result weakened

Operating result -356.0k NOK → -586.5k NOK. Calculated
↓
Net result weakened

Net result -308.7k NOK → -558.5k NOK. Calculated
↓
Cash fell

Bank deposits 1.58m NOK → 964.2k NOK (-39.0% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 1.43m NOK → 871.8k NOK — check capital reduction, conversion, or reclassification. Interpretation