GENTIAN DIAGNOSTICS ASA: årsregnskap 2017 vs 2016
Shrank 97% on revenue, weaker earnings, fresh owner capital
approved 2018-06-05; registry 2018-07-16; journal 2018 697014
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for GENTIAN DIAGNOSTICS ASA. Revenue 735.9k NOK → 18.9k NOK (-97.4%). Net result -8.93m NOK → -15.13m NOK. Equity 3.14bn NOK → 229.94m NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for GENTIAN DIAGNOSTICS ASA.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 71.13m NOK → 140.75m NOK (+97.9% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 132.63m NOK → 227.01m NOK (+94.38m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 735.9k NOK to 18.9k NOK (-97.4% YoY). Calculated
-
↓
Operating result weakened
Operating result -10.06m NOK → -16.20m NOK (op. margin -1366.4% → -85496.1%). Calculated
-
↓
Net result weakened
Net result -8.93m NOK → -15.13m NOK (net margin -1213.0% → -79868.0%). Calculated
-
↓
Equity eroded
Book equity 3.14bn NOK → 229.94m NOK (equity ratio 2010.7% → 92.4%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 66.00m NOK → 99.64m NOK. Reported fact