Org.nr 983 860 516 2015 → 2016 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2016 vs 2015

Shrank 96% on revenue, fresh owner capital

approved 2017-05-09; registry 2017-06-28; journal 2017 530349

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for GENTIAN DIAGNOSTICS ASA. Revenue 18.27m NOK → 735.9k NOK (-96.0%). Equity 112.24m NOK → 3.14bn NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell.

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

At a glance

Revenue

18.27m NOK 735.9k NOK

-96.0%

Operating result

n/m -10.06m NOK

—

Net result

n/m -8.93m NOK

—

Equity

112.24m NOK 3.14bn NOK

+2694.6%

Cash

67.93m NOK 71.13m NOK

+4.7%

Total assets

115.09m NOK 156.00m NOK

+35.5%

↑
Equity strengthened

Book equity 112.24m NOK → 3.14bn NOK (equity ratio 97.5% → 2010.7%). Calculated
↑
Cash rose

Bank deposits 67.93m NOK → 71.13m NOK (+4.7% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 101.54m NOK → 132.63m NOK (+31.09m NOK). Reported fact
↑
Payroll decreased

Salary cost 11.83m NOK → 2.21m NOK (65% → 301% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 18.27m NOK to 735.9k NOK (-96.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 26.99m NOK → 66.00m NOK. Reported fact