PHOTOCURE ASA: årsregnskap 2014 vs 2013
Grew 3642% on revenue, stronger earnings
approved 2015-04-30; registry 2015-07-29; journal 2015 657096
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for PHOTOCURE ASA. Revenue 83.62m NOK → 3.13bn NOK (+3642.0%). Net result +14 NOK → +40.26m NOK. Equity 382161461.47bn NOK → 417.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for PHOTOCURE ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 83.62m NOK to 3.13bn NOK (+3642.0% YoY). Calculated
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↑
Operating result improved
Operating result -52.19m NOK → +28.09m NOK (op. margin -62.4% → 0.9%). Calculated
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Net result improved
Net result +14 NOK → +40.26m NOK (net margin 0.0% → 1.3%). Calculated
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Owners injected capital
Paid-in equity rose 45.47m NOK → 48.49m NOK (+3.01m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 382161461.47bn NOK → 417.5k NOK (equity ratio 92815758769.4% → 93.8%). Calculated
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↓
Cash fell
Bank deposits 166.35m NOK → 161.29m NOK (-3.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 164.66m NOK → 223.7k NOK. Reported fact