PHOTOCURE ASA: årsregnskap 2023 vs 2022
Grew 16736100% on revenue, stronger earnings
approved 2024-04-29; registry 2024-08-21; journal 2024 728244
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for PHOTOCURE ASA. Revenue 2 NOK → 334.7k NOK (+16736100.0%). Net result -58.85m NOK → -3.56m NOK. Equity 774.27m NOK → 791.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved; 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 334.7k NOK (+16736100.0% YoY). Calculated
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Operating result improved
Operating result -49.35m NOK → +14.79m NOK (op. margin -2467650000.0% → 4418.6%). Calculated
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Net result improved
Net result -58.85m NOK → -3.56m NOK (net margin -2942750000.0% → -1062.7%). Calculated
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Cash rose
Bank deposits 24.86m NOK → 45.59m NOK (+83.4% YoY). Calculated
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Owners injected capital
Paid-in equity rose 454.0k NOK → 474.1k NOK (+20.2k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 774.27m NOK → 791.3k NOK (equity ratio 77.7% → 78.6%). Calculated
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Current ratio dropped below 1×
Current ratio 3.82× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 23.27m NOK → 25.39m NOK (+9.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 332.2k NOK → 363.6k NOK. Reported fact