Org.nr 983 860 516 2021 → 2022 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2022 vs 2021

Grew 164395% on revenue, stronger earnings

approved 2023-05-04; registry 2023-05-08; journal 2023 393239

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for GENTIAN DIAGNOSTICS ASA. Revenue 2 456 NOK → 4.04m NOK (+164395.1%). Net result -12.84m NOK → -7.49m NOK. Equity 3.27bn NOK → 6.27bn NOK.

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

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

Scorecard

Revenue
2 456 NOK 4.04m NOK
+164395.1%
Operating result
-13.47m NOK -10.95m NOK
+18.7%
Net result
-12.84m NOK -7.49m NOK
+41.7%
Equity
3.27bn NOK 6.27bn NOK
+91.5%
Cash
104.03m NOK 72.31m NOK
-30.5%
Total assets
273.88m NOK 269.37m NOK
-1.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 456 NOK to 4.04m NOK (+164395.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -13.47m NOK → -10.95m NOK (op. margin -548643.4% → -271.2%). Calculated

  • ↑

    Net result improved

    Net result -12.84m NOK → -7.49m NOK (net margin -522928.8% → -185.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.27bn NOK → 6.27bn NOK (equity ratio 1194.7% → 2326.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 104.03m NOK → 72.31m NOK (-30.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 169.72m NOK → 192.00m NOK. Reported fact