Org.nr 994 464 663 2014 → 2015 Year-over-year analysis

HOFSETH BIOCARE ASA: årsregnskap 2015 vs 2014

Grew 184% on revenue, weaker earnings

approved 2016-04-22; registry 2016-07-12; journal 2016 674922

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for HOFSETH BIOCARE ASA. Revenue 19.29m NOK → 54.78m NOK (+184.0%). Net result -66.92m NOK → -100.20m NOK. Equity 92.57m NOK → 50.45m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.

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

Scorecard

Revenue
19.29m NOK 54.78m NOK
+184.0%
Operating result
-60.05m NOK n/m
—
Net result
-66.92m NOK -100.20m NOK
-49.7%
Equity
92.57m NOK 50.45m NOK
-45.5%
Cash
2.40m NOK 28.53m NOK
+1088.8%
Total assets
214.4k NOK 198.16m NOK
+92324.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.29m NOK to 54.78m NOK (+184.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2.40m NOK → 28.53m NOK (+1088.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 98.04m NOK → 110.41m NOK (+12.37m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -66.92m NOK → -100.20m NOK (net margin -346.9% → -182.9%). Calculated

  • ↓

    Equity eroded

    Book equity 92.57m NOK → 50.45m NOK (equity ratio 43177.2% → 25.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.29m NOK → 12.10m NOK. Reported fact