Org.nr 989 750 186 2010 → 2011 Year-over-year analysis

ELLIPTIC LABORATORIES ASA: årsregnskap 2011 vs 2010

Shrank 17% on revenue, fresh owner capital

approved 2012-06-27; registry 2012-07-16; journal 2012 538098

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ELLIPTIC LABORATORIES ASA. Revenue 4.89m NOK → 4.07m NOK (-16.9%). Equity 13.20m NOK → 13.47m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ELLIPTIC LABORATORIES ASA.

At a glance

Revenue

4.89m NOK 4.07m NOK

-16.9%

Equity

13.20m NOK 13.47m NOK

+2.0%

Cash

n/m 1.26m NOK

—

Total assets

15.70m NOK 16.19m NOK

+3.1%

↑
Equity strengthened

Book equity 13.20m NOK → 13.47m NOK (equity ratio 84.1% → 83.2%). Calculated
↑
Owners injected capital

Paid-in equity rose 17.92m NOK → 22.28m NOK (+4.35m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 4.89m NOK to 4.07m NOK (-16.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 4.14m NOK → 5.64m NOK (85% → 139% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 1.68m NOK → 2.53m NOK. Reported fact