Org.nr 994 464 663 2013 → 2014 Year-over-year analysis

HOFSETH BIOCARE ASA: årsregnskap 2014 vs 2013

Shrank 69% on revenue, weaker earnings, fresh owner capital

approved 2015-05-12; registry 2015-08-31; journal 2015 773242

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for HOFSETH BIOCARE ASA. Revenue 62.69m NOK → 19.29m NOK (-69.2%). Net result -52.13m NOK → -66.92m NOK. Equity 69.20m NOK → 92.57m NOK.

On the constructive side: equity strengthened; 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 HOFSETH BIOCARE ASA.

Scorecard

Revenue
62.69m NOK 19.29m NOK
-69.2%
Operating result
-41.07m NOK -60.05m NOK
-46.2%
Net result
-52.13m NOK -66.92m NOK
-28.4%
Equity
69.20m NOK 92.57m NOK
+33.8%
Cash
3.79m NOK 2.40m NOK
-36.7%
Total assets
193.4k NOK 214.4k NOK
+10.8%

What improved

  • ↑

    Equity strengthened

    Book equity 69.20m NOK → 92.57m NOK (equity ratio 35778.0% → 43177.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 80.73m NOK → 98.04m NOK (+17.30m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 62.69m NOK to 19.29m NOK (-69.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -41.07m NOK → -60.05m NOK (op. margin -65.5% → -311.3%). Calculated

  • ↓

    Net result weakened

    Net result -52.13m NOK → -66.92m NOK (net margin -83.2% → -346.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.79m NOK → 2.40m NOK (-36.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 000 NOK → 5.29m NOK. Reported fact