FirmaIQ
Org.nr 989 750 186 2011 → 2012 Year-over-year analysis

ELLIPTIC LABORATORIES ASA: årsregnskap 2012 vs 2011

Shrank 26% on revenue, fresh owner capital

approved 2013-06-26; registry 2013-07-06; journal 2013 530273

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ELLIPTIC LABORATORIES ASA. Revenue 4.07m NOK → 3.00m NOK (-26.2%). Equity 13.47m NOK → 16.45m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash 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

Scorecard

Revenue
4.07m NOK 3.00m NOK
-26.2%
Equity
13.47m NOK 16.45m NOK
+22.1%
Cash
1.26m NOK 1.24m NOK
-1.9%
Total assets
16.19m NOK 19.79m NOK
+22.2%

What improved

  • ↑

    Equity strengthened

    Book equity 13.47m NOK → 16.45m NOK (equity ratio 83.2% → 83.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 22.28m NOK → 31.70m NOK (+9.42m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.07m NOK to 3.00m NOK (-26.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.26m NOK → 1.24m NOK (-1.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.64m NOK → 6.75m NOK (139% → 225% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.53m NOK → 2.57m NOK. Reported fact