Org.nr 983 860 516 2022 → 2023 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

approved 2024-04-29; registry 2024-05-22; journal 2024 427782

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for GENTIAN DIAGNOSTICS ASA. Revenue 4.04m NOK → 4 040 NOK (-99.9%). Net result -7.49m NOK → -10.65m NOK. Equity 6.27bn NOK → 3.26bn 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.

Scorecard

Revenue
4.04m NOK 4 040 NOK
-99.9%
Operating result
-10.95m NOK -14.54m NOK
-32.8%
Net result
-7.49m NOK -10.65m NOK
-42.2%
Equity
6.27bn NOK 3.26bn NOK
-48.0%
Cash
72.31m NOK 72.29m NOK
-0.0%
Total assets
269.37m NOK 262.52m NOK
-2.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 303.91m NOK → 308.11m NOK (+4.21m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.04m NOK to 4 040 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -10.95m NOK → -14.54m NOK (op. margin -271.2% → -359993.2%). Calculated

  • ↓

    Net result weakened

    Net result -7.49m NOK → -10.65m NOK (net margin -185.4% → -263589.1%). Calculated

  • ↓

    Equity eroded

    Book equity 6.27bn NOK → 3.26bn NOK (equity ratio 2326.3% → 1241.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 72.31m NOK → 72.29m NOK (-0.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 192.00m NOK → 185.11m NOK. Reported fact