ELLIPTIC LABORATORIES ASA: årsregnskap 2016 vs 2015
Grew 16% on revenue
approved 2017-06-27; registry 2017-07-08; journal 2017 633860
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ELLIPTIC LABORATORIES ASA. Revenue 3.58m NOK → 4.16m NOK (+16.3%). Equity 29.19m NOK → 53.90m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ELLIPTIC LABORATORIES ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.58m NOK to 4.16m NOK (+16.3% YoY). Calculated
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↑
Equity strengthened
Book equity 29.19m NOK → 53.90m NOK (equity ratio 52.7% → 67.0%). Calculated
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↑
Cash rose
Bank deposits 14.30m NOK → 30.08m NOK (+110.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 5.10bn NOK → 831.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 14.48m NOK → 20.09m NOK (405% → 483% of revenue). Calculated
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COGS fell
COGS / varekostnad 8.33m NOK → 2.32m NOK (-72.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.53m NOK → 3.32m NOK. Reported fact