Org.nr 989 750 186 2018 → 2019 Year-over-year analysis

ELLIPTIC LABORATORIES ASA: årsregnskap 2019 vs 2018

Grew 21% on revenue

approved 2020-04-03; registry 2020-05-09; journal 2020 339949

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ELLIPTIC LABORATORIES ASA. Revenue 43.61m NOK → 52.68m NOK (+20.8%). Equity 46.44m NOK → 77.87m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

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

At a glance

Revenue

43.61m NOK 52.68m NOK

+20.8%

Operating result

-32.57m NOK -12.99m NOK

+60.1%

Net result

n/m -14.45m NOK

—

Equity

46.44m NOK 77.87m NOK

+67.7%

Cash

15.18m NOK 35.72m NOK

+135.2%

Total assets

100.68m NOK 139.21m NOK

+38.3%

↑
Revenue rose

Operating income / revenue moved from 43.61m NOK to 52.68m NOK (+20.8% YoY). Calculated
↑
Operating result improved

Operating result -32.57m NOK → -12.99m NOK (op. margin -74.7% → -24.7%). Calculated
↑
Equity strengthened

Book equity 46.44m NOK → 77.87m NOK (equity ratio 46.1% → 55.9%). Calculated
↑
Cash rose

Bank deposits 15.18m NOK → 35.72m NOK (+135.2% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.66× → 1.36×. Calculated

·
Book investments changed

Investment / intangible book value 2.13m NOK → 2.09m NOK. Reported fact