ELLIPTIC LABORATORIES ASA: årsregnskap 2024 vs 2023
Grew 2964% on revenue, returned to profit
approved 2025-04-29; registry 2025-07-31; journal 2025 611385
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ELLIPTIC LABORATORIES ASA. Revenue 69.63m NOK → 2.13bn NOK (+2963.7%). Net result -38.88m NOK → +7.91m NOK. Equity 300.88m NOK → 317.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; 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 69.63m NOK to 2.13bn NOK (+2963.7% YoY). Calculated
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Operating result improved
Operating result -50.64m NOK → +3.73m NOK (op. margin -72.7% → 0.2%). Calculated
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Turned profitable
Net result flipped from a loss of 38.88m NOK to a profit of 7.91m NOK. Calculated
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Owners injected capital
Paid-in equity rose 1.05m NOK → 1.05m NOK (+5 000 NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 300.88m NOK → 317.4k NOK (equity ratio 87.3% → 89.8%). Calculated
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↓
Cash fell
Bank deposits 110.94m NOK → 69.17m NOK (-37.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.94× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 65.75m NOK → 71.15m NOK (94% → 3% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 8.86m NOK → 7.25m NOK. Reported fact