Org.nr 967 598 593 2017 → 2018 Year-over-year analysis

PHOTOCURE ASA: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-05-09; registry 2019-07-11; journal 2019 678887

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for PHOTOCURE ASA. Revenue 2 NOK → 2 NOK (0.0%). Net result -27.66m NOK → -36.71m NOK. Equity 447.10m NOK → 444.16m NOK.

On the constructive side: operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
2 NOK 2 NOK
0.0%
Operating result
-27.65m NOK -15.30m NOK
+44.6%
Net result
-27.66m NOK -36.71m NOK
-32.7%
Equity
447.10m NOK 444.16m NOK
-0.7%
Cash
28.01m NOK 26.85m NOK
-4.1%
Total assets
487.65m NOK 489.4k NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result -27.65m NOK → -15.30m NOK (op. margin -1382300000.0% → -765200000.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 68.52m NOK → 74.55m NOK (+6.03m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -27.66m NOK → -36.71m NOK (net margin -1383150000.0% → -1835400000.0%). Calculated

  • ↓

    Equity eroded

    Book equity 447.10m NOK → 444.16m NOK (equity ratio 91.7% → 90750.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 28.01m NOK → 26.85m NOK (-4.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 233.0k NOK → 272.5k NOK. Reported fact