ENTRA ASA: årsregnskap 2021 vs 2020
Grew 15% on revenue, weaker earnings, cash halved-plus
approved 2022-04-22; registry 2022-06-30; journal 2022 537522
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ENTRA ASA. Revenue 136.0k NOK → 157.0k NOK (+15.4%). Net result +428.00m NOK → +160.00m NOK. Equity 5.28bn NOK → 4.48bn NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for ENTRA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 136.0k NOK to 157.0k NOK (+15.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -196.00m NOK → -234.00m NOK (op. margin -144117.6% → -149044.6%). Calculated
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↓
Net result weakened
Net result +428.00m NOK → +160.00m NOK (net margin 314705.9% → 101910.8%). Calculated
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↓
Equity eroded
Book equity 5.28bn NOK → 4.48bn NOK (equity ratio 19.3% → 14.1%). Calculated
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↓
Cash fell
Bank deposits 141.00m NOK → 235.0k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (141.00m NOK → 235.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 4.23m NOK → 4.26m NOK (3113% → 2716% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 37.00m NOK → 32.00m NOK. Reported fact