Org.nr 999 296 432 2017 → 2018 Year-over-year analysis

ENTRA ASA: årsregnskap 2018 vs 2017

Grew 33% on revenue, weaker earnings

approved 2019-04-26; registry 2019-06-20; journal 2019 467553

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ENTRA ASA. Revenue 18.00m NOK → 24.00m NOK (+33.3%). Net result +4.46bn NOK → +2.54bn NOK. Equity 5.89bn NOK → 5.55bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ENTRA ASA.

Scorecard

Revenue
18.00m NOK 24.00m NOK
+33.3%
Operating result
-181.00m NOK -175.00m NOK
+3.3%
Net result
+4.46bn NOK +2.54bn NOK
-43.2%
Equity
5.89bn NOK 5.55bn NOK
-5.8%
Cash
85.00m NOK 138.00m NOK
+62.4%
Total assets
21.95bn NOK 24.14bn NOK
+10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.00m NOK to 24.00m NOK (+33.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -181.00m NOK → -175.00m NOK (op. margin -1005.6% → -729.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 85.00m NOK → 138.00m NOK (+62.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +4.46bn NOK → +2.54bn NOK (net margin 24800.0% → 10570.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.89bn NOK → 5.55bn NOK (equity ratio 26.8% → 23.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.74bn NOK → 3.72bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4 NOK → 5.00m NOK. Reported fact