Org.nr 983 644 600 2014 → 2015 Year-over-year analysis

CYTOVATION ASA: årsregnskap 2015 vs 2014

Mixed movements in the accounts

approved 2016-07-19; registry 2016-08-09; journal 2016 813921

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for CYTOVATION ASA. Revenue 0 NOK → 0 NOK (0.0%). Equity 430.3k NOK → -977.0k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: equity eroded; cash fell; cogs moved.

Also worth watching: thin equity buffer; 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

-454.4k NOK +409.1k NOK

+190.0%

Equity

430.3k NOK -977.0k NOK

-327.0%

Cash

710.2k NOK 387.8k NOK

-45.4%

Total assets

771.7k NOK 387.8k NOK

-49.7%

↑
Operating result improved

Operating result -454.4k NOK → +409.1k NOK. Calculated
↑
Payroll decreased

Salary cost 189.4k NOK → 189 NOK. Calculated

↓
Equity eroded

Book equity 430.3k NOK → -977.0k NOK (equity ratio 55.8% → -251.9%). Calculated
↓
Cash fell

Bank deposits 710.2k NOK → 387.8k NOK (-45.4% YoY). Calculated
↓
COGS moved

COGS / varekostnad 0 NOK → 1.02m NOK (None YoY). Calculated

·
Thin equity buffer

Equity ratio is -251.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Paid-in equity reduced

Paid-in equity fell 430.3k NOK → 121.4k NOK — check capital reduction, conversion, or reclassification. Interpretation