Org.nr 983 860 516 2018 → 2019 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-04-23; registry 2020-07-01; journal 2020 513697

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for GENTIAN DIAGNOSTICS ASA. Revenue 0 NOK → 55.38m NOK. Net result -2.93m NOK → -19.16m NOK. Equity 3.30bn NOK → 3.28bn NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
0 NOK 55.38m NOK
—
Operating result
n/m -11.63m NOK
—
Net result
-2.93m NOK -19.16m NOK
-553.7%
Equity
3.30bn NOK 3.28bn NOK
-0.5%
Cash
193.36m NOK 163.99m NOK
-15.2%
Total assets
304.34m NOK 282.42m NOK
-7.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 55.38m NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 296.22m NOK → 302.87m NOK (+6.65m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -2.93m NOK → -19.16m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.30bn NOK → 3.28bn NOK (equity ratio 1083.1% → 1161.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 193.36m NOK → 163.99m NOK (-15.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 101.83m NOK → 118.36m NOK. Reported fact