FirmaIQ
Org.nr 989 750 186 2019 → 2020 Year-over-year analysis

ELLIPTIC LABORATORIES ASA: årsregnskap 2020 vs 2019

Shrank 15% on revenue

approved 2021-05-06; registry 2021-06-12; journal 2021 292922

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ELLIPTIC LABORATORIES ASA. Revenue 52.68m NOK → 44.73m NOK (-15.1%). Net result -14.45m NOK → -12.66m NOK. Equity 77.87m NOK → 185.85m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
52.68m NOK 44.73m NOK
-15.1%
Operating result
-12.99m NOK -10.85m NOK
+16.5%
Net result
-14.45m NOK -12.66m NOK
+12.4%
Equity
77.87m NOK 185.85m NOK
+138.7%
Cash
35.72m NOK 98.71m NOK
+176.3%
Total assets
139.21m NOK 217.70m NOK
+56.4%

What improved

  • ↑

    Operating result improved

    Operating result -12.99m NOK → -10.85m NOK (op. margin -24.7% → -24.3%). Calculated

  • ↑

    Net result improved

    Net result -14.45m NOK → -12.66m NOK (net margin -27.4% → -28.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 77.87m NOK → 185.85m NOK (equity ratio 55.9% → 85.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 35.72m NOK → 98.71m NOK (+176.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 875.1k NOK → 958.5k NOK (+83.4k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 52.68m NOK to 44.73m NOK (-15.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.09m NOK → 4.05m NOK. Reported fact