Org.nr 983 644 600 2013 → 2014 Year-over-year analysis

CYTOVATION ASA: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-08-24; registry 2015-09-08; journal 2015 804748

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for CYTOVATION ASA. Revenue 0 NOK → 0 NOK (0.0%). Equity 4.87m NOK → 430.3k NOK.

On the constructive side: operating result improved. Pressures included: equity eroded; cash fell; payroll up without matching revenue.

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

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-586.5k NOK -454.4k NOK

+22.5%

Net result

-558.5k NOK n/m

—

Equity

4.87m NOK 430.3k NOK

-91.2%

Cash

964.2k NOK 710.2k NOK

-26.3%

Total assets

1.12m NOK 771.7k NOK

-31.1%

↑
Operating result improved

Operating result -586.5k NOK → -454.4k NOK. Calculated

↓
Equity eroded

Book equity 4.87m NOK → 430.3k NOK (equity ratio 435.1% → 55.8%). Calculated
↓
Cash fell

Bank deposits 964.2k NOK → 710.2k NOK (-26.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 189.4k NOK. Calculated

·
Paid-in equity reduced

Paid-in equity fell 871.8k NOK → 430.3k NOK — check capital reduction, conversion, or reclassification. Interpretation