Org.nr 989 750 186 2016 → 2017 Year-over-year analysis

ELLIPTIC LABORATORIES ASA: årsregnskap 2017 vs 2016

Grew 228% on revenue

approved 2018-06-22; registry 2018-08-18; journal 2018 914571

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ELLIPTIC LABORATORIES ASA. Revenue 4.16m NOK → 13.65m NOK (+228.0%). Equity 53.90m NOK → 71.86m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

4.16m NOK 13.65m NOK

+228.0%

Equity

53.90m NOK 71.86m NOK

+33.3%

Cash

30.08m NOK 34.85m NOK

+15.9%

Total assets

80.50m NOK 98.51m NOK

+22.4%

↑
Revenue rose

Operating income / revenue moved from 4.16m NOK to 13.65m NOK (+228.0% YoY). Calculated
↑
Equity strengthened

Book equity 53.90m NOK → 71.86m NOK (equity ratio 67.0% → 72.9%). Calculated
↑
Cash rose

Bank deposits 30.08m NOK → 34.85m NOK (+15.9% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 831.4k NOK → 856.4k NOK (+25.0k NOK). Reported fact

·
COGS fell

COGS / varekostnad 2.32m NOK → 1.30m NOK (-44.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 3.32m NOK → 1.06m NOK. Reported fact