FirmaIQ
Org.nr 992 219 688 2009 → 2010 Year-over-year analysis

ONCOINVENT ASA: årsregnskap 2010 vs 2009

Grew 47% on revenue, stronger earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ONCOINVENT ASA. Revenue 1.97m NOK → 2.90m NOK (+47.4%). Net result -1.93m NOK → -1.38m NOK. Equity 639.3k NOK → 286.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ONCOINVENT ASA.

At a glance

Scorecard

Revenue
1.97m NOK 2.90m NOK
+47.4%
Operating result
-1.94m NOK -1.40m NOK
+27.8%
Net result
-1.93m NOK -1.38m NOK
+28.5%
Equity
639.3k NOK 286.5k NOK
-55.2%
Cash
1.21m NOK 5.54m NOK
+359.1%
Total assets
5.15m NOK 8.19m NOK
+58.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.97m NOK to 2.90m NOK (+47.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.94m NOK → -1.40m NOK (op. margin -98.5% → -48.3%). Calculated

  • ↑

    Net result improved

    Net result -1.93m NOK → -1.38m NOK (net margin -98.0% → -47.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.21m NOK → 5.54m NOK (+359.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 596.3k NOK → 8.62m NOK (+8.03m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 639.3k NOK → 286.5k NOK (equity ratio 12.4% → 3.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 33.0k NOK → 19.0k NOK (-42.5% YoY). Calculated