Org.nr 990 646 066 2021 → 2022 Year-over-year analysis

NYKODE THERAPEUTICS ASA: årsregnskap 2022 vs 2021

Shrank 75% on revenue, weaker earnings

approved 2023-04-18; registry 2023-07-12; journal 2023 562176

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for NYKODE THERAPEUTICS ASA. Revenue 35.77m NOK → 9.03m NOK (-74.8%). Net result -8.60m NOK → -41.68m NOK. Equity 194.9k NOK → 158.83m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NYKODE THERAPEUTICS ASA.

Scorecard

Revenue
35.77m NOK 9.03m NOK
-74.8%
Operating result
-9.92m NOK -52.15m NOK
-425.9%
Net result
-8.60m NOK -41.68m NOK
-384.8%
Equity
194.9k NOK 158.83m NOK
+81405.2%
Cash
214.7k NOK 205.70m NOK
+95696.4%
Total assets
265.8k NOK 223.71m NOK
+84077.5%

What improved

  • ↑

    Equity strengthened

    Book equity 194.9k NOK → 158.83m NOK (equity ratio 73.3% → 71.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 214.7k NOK → 205.70m NOK (+95696.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 5.36×. Calculated

  • ↑

    Payroll decreased

    Salary cost 14.46m NOK → 11.77m NOK (40% → 130% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 35.77m NOK to 9.03m NOK (-74.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -9.92m NOK → -52.15m NOK (op. margin -27.7% → -577.6%). Calculated

  • ↓

    Net result weakened

    Net result -8.60m NOK → -41.68m NOK (net margin -24.0% → -461.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 89.71m NOK → 83.66m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 941.0k NOK → 83.0k NOK. Reported fact