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Income Statement Evolution
Photocure ASA : Income Statement Evolution
Annual Income Statement Data
Actuals in M NOK Estimates in M NOK
Fiscal Period December 201020112012201320142015
Sales17711613488,3158272
Operating income (EBITDA)8,84-56,2-37,77,83-7,7581,1
Operating profit (EBIT)7,52-57,4-39,26,33-9,4079,8
Pre-Tax Profit (EBT)18,1-47,5-31,086,1-2,0592,2
Net income18,1-7,51-47,9-86,1-1,64-
EPS ( NOK)0,83-0,35-2,251,23-0,144,17
Dividend per Share ( NOK)------
Yield------
Announcement Date02/17/2011
07:04am
02/16/2012
07:00am
02/28/2013
06:30am
---
Finances - Leverage
Photocure ASA : Finances - Leverage
Actuals in M NOK Estimates in M NOK
Fiscal Period December 201020112012201320142015
Debt------
Finance389355303180188285
Operating income (EBITDA)8,84-56,2-37,77,83-7,7581,1
Leverage
(Debt/EBITDA)
------
Capital Expenditure---1,001,001,00
Book Value Per Share (BVPS)21,4  NOK20,5  NOK17,8  NOK23,0  NOK--
Cash Flow per Share--1,61  NOK----
Announcement Date02/17/2011
07:04am
02/16/2012
07:00am
02/28/2013
06:30am
---
Balance Sheet Analysis
Photocure ASA : Balance Sheet Analysis
Assessed data source :
© 2013 Thomson Reuters
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Financial Ratios

Size 2013e 2014e
Capitalization 768 M NOK -
Company Value 588 M NOK 580 M NOK
Valuation 2013e 2014e
PER (Price / EPS) 29,2x
Capitalization / Revenue 8,70x 4,86x
EV / Revenue 6,66x 3,67x
EV / EBITDA 75,0x -74,9x
Yield (DPS / Price) - -
Profitability 2013e 2014e
Operating Margin (EBIT / Sales) 7,18% -5,95%
operating laverage (Delta EBIT / Delta Sales) - -
Net Margin (Net Profit / Revenue) -97,6% -1,03%
ROA (Net Profit / Asset) - -
ROE (Net Profit / Equities) 10,0% 1,50%
Rate of Dividend - -
Balance Sheet Analysis 2013e 2014e
CAPEX / Sales   1,13% 0,63%
Cash Flow / Sales (Taux d'autofinancement) - -
Capital Intensity (Assets / Sales) - -
Financial Leverage (Net Debt / EBITDA) -23,0x 24,2x
EPS & Dividend
Photocure ASA : EPS Dividend
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