Org.nr 999 296 432 2012 → 2013 Year-over-year analysis

ENTRA ASA: årsregnskap 2013 vs 2012

Shrank 5% on revenue, stronger earnings, fresh owner capital

approved 2014-06-03; registry 2014-07-03; journal 2014 536778

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ENTRA ASA. Revenue 1.66bn NOK → 1.58bn NOK (-5.2%). Net result +705.0k NOK → +249.95m NOK. Equity 2.15bn NOK → 1.73bn NOK.

On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.

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

Scorecard

Revenue
1.66bn NOK 1.58bn NOK
-5.2%
Operating result
+705.00m NOK +847.0k NOK
-99.9%
Net result
+705.0k NOK +249.95m NOK
+35354.1%
Equity
2.15bn NOK 1.73bn NOK
-19.4%
Cash
65.00m NOK 177.00m NOK
+172.3%
Total assets
2.15bn NOK 1.98bn NOK
-7.8%

What improved

  • ↑

    Net result improved

    Net result +705.0k NOK → +249.95m NOK (net margin 0.0% → 15.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.00m NOK → 177.00m NOK (+172.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2 145 NOK → 1.73bn NOK (+1.73bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.66bn NOK to 1.58bn NOK (-5.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +705.00m NOK → +847.0k NOK (op. margin 42.4% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 2.15bn NOK → 1.73bn NOK (equity ratio 100.0% → 87.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1666.40× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 729 NOK → 1.73bn NOK. Reported fact