CYTOVATION ASA: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-09-21; registry 2020-10-08; journal 2020 921044
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for CYTOVATION ASA. Net result -20.41m NOK → -24.02m NOK. Equity -6.30m NOK → -10.32m NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-19.92m NOK
-23.40m NOK
-17.4%
Net result
-20.41m NOK
-24.02m NOK
-17.7%
Equity
-6.30m NOK
-10.32m NOK
-63.7%
Cash
1.29m NOK
15.54m NOK
+1106.0%
Total assets
5.07m NOK
20.57m NOK
+305.4%
What improved
-
↑
Cash rose
Bank deposits 1.29m NOK → 15.54m NOK (+1106.0% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 170.9k NOK → 180.0k NOK (+9 113 NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -19.92m NOK → -23.40m NOK. Calculated
-
↓
Net result weakened
Net result -20.41m NOK → -24.02m NOK. Calculated
-
↓
Equity eroded
Book equity -6.30m NOK → -10.32m NOK (equity ratio -124.3% → -50.2%). Calculated