ELLIPTIC LABORATORIES ASA: årsregnskap 2021 vs 2020
Grew 41% on revenue
approved 2022-05-23; registry 2022-08-06; journal 2022 792020
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ELLIPTIC LABORATORIES ASA. Revenue 44.73m NOK → 63.04m NOK (+40.9%). Net result -12.66m NOK → -12.90m NOK. Equity 185.85m NOK → 338.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; book investments changed. 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 44.73m NOK to 63.04m NOK (+40.9% YoY). Calculated
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↑
Cash rose
Bank deposits 98.71m NOK → 213.41m NOK (+116.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.85m NOK → -11.84m NOK (op. margin -24.3% → -18.8%). Calculated
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↓
Equity eroded
Book equity 185.85m NOK → 338.8k NOK (equity ratio 85.4% → 92.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 8.12× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 958.5k NOK → 38.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 4.05m NOK → 4.52m NOK. Reported fact