Org.nr 983 860 516 2017 → 2018 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2018 vs 2017

Shrank 100% on revenue, stronger earnings, fresh owner capital

approved 2019-05-08; registry 2019-08-06; journal 2019 885186

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for GENTIAN DIAGNOSTICS ASA. Revenue 18.9k NOK → 0 NOK (-100.0%). Net result -15.13m NOK → -2.93m NOK. Equity 229.94m NOK → 3.30bn NOK.

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

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

Scorecard

Revenue
18.9k NOK 0 NOK
-100.0%
Operating result
-16.20m NOK n/m
—
Net result
-15.13m NOK -2.93m NOK
+80.6%
Equity
229.94m NOK 3.30bn NOK
+1333.5%
Cash
140.75m NOK 193.36m NOK
+37.4%
Total assets
248.95m NOK 304.34m NOK
+22.3%

What improved

  • ↑

    Net result improved

    Net result -15.13m NOK → -2.93m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 229.94m NOK → 3.30bn NOK (equity ratio 92.4% → 1083.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 140.75m NOK → 193.36m NOK (+37.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 227.01m NOK → 296.22m NOK (+69.21m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.9k NOK to 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 99.64m NOK → 101.83m NOK. Reported fact