Org.nr 983 644 600 2016 → 2017 Year-over-year analysis

CYTOVATION ASA: årsregnskap 2017 vs 2016

Fresh owner capital

approved 2018-08-20; registry 2018-08-27; journal 2018 918529

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for CYTOVATION ASA. Equity -3.01m NOK → 14.10m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for CYTOVATION ASA.

At a glance

Revenue

0 NOK n/m

—

Operating result

-2.04m NOK -8.79m NOK

-330.7%

Equity

-3.01m NOK 14.10m NOK

+567.8%

Cash

86.0k NOK 11.27m NOK

+13013.0%

Total assets

86.0k NOK 23.07m NOK

+26736.9%

↑
Equity strengthened

Book equity -3.01m NOK → 14.10m NOK (equity ratio -3507.1% → 61.1%). Calculated
↑
Cash rose

Bank deposits 86.0k NOK → 11.27m NOK (+13013.0% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.03× → 60.30×. Calculated
↑
Owners injected capital

Paid-in equity rose 121.4k NOK → 14.10m NOK (+13.98m NOK). Reported fact

↓
Operating result weakened

Operating result -2.04m NOK → -8.79m NOK. Calculated