PHOTOCURE ASA: årsregnskap 2020 vs 2019
Grew 57543650% on revenue, slipped into loss, fresh owner capital
approved 2021-05-20; registry 2021-07-26; journal 2021 526246
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for PHOTOCURE ASA. Revenue 2 NOK → 1.15m NOK (+57543650.0%). Net result +47.34m NOK → -17.96m NOK. Equity 492.1k NOK → 796.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
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 2 NOK to 1.15m NOK (+57543650.0% YoY). Calculated
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↑
Equity strengthened
Book equity 492.1k NOK → 796.4k NOK (equity ratio 93.3% → 76.0%). Calculated
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↑
Cash rose
Bank deposits 32.99m NOK → 51.93m NOK (+57.4% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 75.16m NOK → 397.36m NOK (+322.20m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +55.91m NOK → -21.39m NOK (op. margin 2795250000.0% → -1858.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 47.34m NOK profit to a loss of 17.96m NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 308.6k NOK → 300.56m NOK. Reported fact