Org.nr 994 464 663 2012 → 2013 Year-over-year analysis

HOFSETH BIOCARE ASA: årsregnskap 2013 vs 2012

Grew 141% on revenue, stronger earnings, fresh owner capital

approved 2014-04-30; registry 2014-06-16; journal 2014 456507

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for HOFSETH BIOCARE ASA. Revenue 26.02m NOK → 62.69m NOK (+141.0%). Net result -73.86m NOK → -52.13m NOK. Equity 48.47m NOK → 69.20m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for HOFSETH BIOCARE ASA.

Scorecard

Revenue
26.02m NOK 62.69m NOK
+141.0%
Operating result
n/m -41.07m NOK
—
Net result
-73.86m NOK -52.13m NOK
+29.4%
Equity
48.47m NOK 69.20m NOK
+42.8%
Cash
0 NOK 3.79m NOK
—
Total assets
155.47m NOK 193.4k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.02m NOK to 62.69m NOK (+141.0% YoY). Calculated

  • ↑

    Net result improved

    Net result -73.86m NOK → -52.13m NOK (net margin -283.9% → -83.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 48.47m NOK → 69.20m NOK (equity ratio 31.2% → 35778.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 0 NOK → 3.79m NOK (None YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.30× → 1.16×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 24.6k NOK → 29.85m NOK (+121435.0% YoY). Calculated