Org.nr 983 644 600 2021 → 2022 Year-over-year analysis

CYTOVATION ASA: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-05-09; registry 2023-08-10; journal 2023 663166

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for CYTOVATION ASA. Net result -34.37m NOK → -122.91m NOK. Equity 87.11m NOK → 51.08m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Operating result
-33.71m NOK -122.06m NOK
-262.1%
Net result
-34.37m NOK -122.91m NOK
-257.7%
Equity
87.11m NOK 51.08m NOK
-41.4%
Cash
88.22m NOK 78.97m NOK
-10.5%
Total assets
107.45m NOK 83.92m NOK
-21.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -33.71m NOK → -122.06m NOK. Calculated

  • ↓

    Net result weakened

    Net result -34.37m NOK → -122.91m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 87.11m NOK → 51.08m NOK (equity ratio 81.1% → 60.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 88.22m NOK → 78.97m NOK (-10.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 99.11m NOK → 51.08m NOK — check capital reduction, conversion, or reclassification. Interpretation