FirmaIQ
Org.nr 983 860 516 2020 → 2021 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2021 vs 2020

Shrank 100% on revenue, weaker earnings

approved 2022-05-18; registry 2022-08-25; journal 2022 888193

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for GENTIAN DIAGNOSTICS ASA. Revenue 78.88m NOK → 2 456 NOK (-100.0%). Net result -2.26m NOK → -12.84m NOK. Equity 3.28bn NOK → 3.27bn NOK.

On the constructive side: 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

Revenue
78.88m NOK 2 456 NOK
-100.0%
Operating result
-5.19m NOK -13.47m NOK
-159.8%
Net result
-2.26m NOK -12.84m NOK
-469.0%
Equity
3.28bn NOK 3.27bn NOK
-0.3%
Cash
151.29m NOK 104.03m NOK
-31.2%
Total assets
280.76m NOK 273.88m NOK
-2.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 303.34m NOK → 303.91m NOK (+570.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 78.88m NOK to 2 456 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -5.19m NOK → -13.47m NOK (op. margin -6.6% → -548643.4%). Calculated

  • ↓

    Net result weakened

    Net result -2.26m NOK → -12.84m NOK (net margin -2.9% → -522928.8%). Calculated

  • ↓

    Equity eroded

    Book equity 3.28bn NOK → 3.27bn NOK (equity ratio 1168.5% → 1194.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 151.29m NOK → 104.03m NOK (-31.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 128.77m NOK → 169.72m NOK. Reported fact