Org.nr 967 598 593 2023 → 2024 Year-over-year analysis

PHOTOCURE ASA: årsregnskap 2024 vs 2023

Grew 99608% on revenue, returned to profit

approved 2025-04-11; registry 2025-08-09; journal 2025 685825

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for PHOTOCURE ASA. Revenue 334.7k NOK → 333.75m NOK (+99607.8%). Net result -3.56m NOK → +24.89m NOK. Equity 791.3k NOK → 833.2k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for PHOTOCURE ASA.

Scorecard

Revenue
334.7k NOK 333.75m NOK
+99607.8%
Operating result
+14.79m NOK +6.98m NOK
-52.8%
Net result
-3.56m NOK +24.89m NOK
+799.7%
Equity
791.3k NOK 833.2k NOK
+5.3%
Cash
45.59m NOK 58.89m NOK
+29.2%
Total assets
1.01m NOK 1.07bn NOK
+106520.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 334.7k NOK to 333.75m NOK (+99607.8% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 3.56m NOK to a profit of 24.89m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 791.3k NOK → 833.2k NOK (equity ratio 78.6% → 0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 45.59m NOK → 58.89m NOK (+29.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 474.1k NOK → 490.3k NOK (+16.2k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +14.79m NOK → +6.98m NOK (op. margin 4418.6% → 2.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 25.39m NOK → 29.30m NOK (+15.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 363.6k NOK → 420.5k NOK. Reported fact