PHOTOCURE ASA: årsregnskap 2009 vs 2008
Shrank 215% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for PHOTOCURE ASA. Revenue 105.8k NOK → -121.8k NOK (-215.2%). Net result -59.56m NOK → +312.4k NOK. Equity 199.69m NOK → 415.8k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
105.8k NOK
-121.8k NOK
-215.2%
Operating result
-87.7k NOK
-79.0k NOK
+10.0%
Net result
-59.56m NOK
+312.4k NOK
+100.5%
Equity
199.69m NOK
415.8k NOK
-99.8%
Cash
26.71m NOK
n/m
—
Total assets
237.85m NOK
456.9k NOK
-99.8%
What improved
-
↑
Operating result improved
Operating result -87.7k NOK → -79.0k NOK (op. margin -82.9% → 64.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 59.56m NOK to a profit of 312.4k NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 105.8k NOK to -121.8k NOK (-215.2% YoY). Calculated
-
↓
Equity eroded
Book equity 199.69m NOK → 415.8k NOK (equity ratio 84.0% → 91.0%). Calculated