Org.nr 889 186 232 2017 → 2018 Year-over-year analysis

ENSURGE MICROPOWER ASA: årsregnskap 2018 vs 2017

Shrank 32% on revenue, fresh owner capital

approved 2019-04-30; registry 2019-08-12; journal 2019 916315

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ENSURGE MICROPOWER ASA. Revenue 30.15m NOK → 20.39m NOK (-32.4%). Equity 1.04m NOK → 483.48m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

Scorecard

Revenue
30.15m NOK 20.39m NOK
-32.4%
Operating result
-512.81m NOK -434.73m NOK
+15.2%
Equity
1.04m NOK 483.48m NOK
+46227.2%
Cash
760.6k NOK 242.82m NOK
+31823.2%
Total assets
190.23m NOK 565.41m NOK
+197.2%

What improved

  • ↑

    Operating result improved

    Operating result -512.81m NOK → -434.73m NOK (op. margin -1701.1% → -2132.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.04m NOK → 483.48m NOK (equity ratio 0.5% → 85.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 760.6k NOK → 242.82m NOK (+31823.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 4.23×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 338.5k NOK → 2.55bn NOK (+2.55bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.15m NOK to 20.39m NOK (-32.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 336.26m NOK → 198.97m NOK. Reported fact