ENTRA ASA: årsregnskap 2022 vs 2021
Grew 6% on revenue, weaker earnings
approved 2023-04-28; registry 2023-06-14; journal 2023 458760
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ENTRA ASA. Revenue 157.0k NOK → 167.0k NOK (+6.4%). Net result +160.00m NOK → +434.0k NOK. Equity 4.48bn NOK → 4.00bn NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ENTRA ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 157.0k NOK to 167.0k NOK (+6.4% YoY). Calculated
-
↑
Operating result improved
Operating result -234.00m NOK → -209.00m NOK (op. margin -149044.6% → -125149.7%). Calculated
-
↑
Cash rose
Bank deposits 235.0k NOK → 168.00m NOK (+71389.4% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +160.00m NOK → +434.0k NOK (net margin 101910.8% → 259.9%). Calculated
-
↓
Equity eroded
Book equity 4.48bn NOK → 4.00bn NOK (equity ratio 14.1% → 8.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 4.26m NOK → 4.29m NOK (2716% → 2566% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 32.00m NOK → 322.00m NOK. Reported fact