Enservco Corporation (ENSV) financial statements (2022 and earlier)

Company profile

Business Address 999 18TH ST
DENVER, CO 80202
State of Incorp. DE
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,467663257391621805
Cash and cash equivalents 1,467663257391621805
Receivables 1,7336,46710,81411,8185,0387,037
Inventory, net of allowances, customer advances and progress billings 295398514576407308
Inventory 295398514576407308
Disposal group, including discontinued operation  187864   
Assets held-for-sale, not part of disposal group 527     
Deferred tax assets   237
Other undisclosed current assets 8581,0161,0818689711,435
Total current assets: 4,8808,73113,53013,6537,0379,823
Noncurrent Assets
Finance lease, right-of-use asset 129569
Operating lease, right-of-use asset 2,9183,793
Property, plant and equipment 20,31726,62033,05729,41734,61836,495
Intangible assets, net (including goodwill), including: 1,1631,3741,580  301
Goodwill 546546   301
Intangible assets, net (excluding goodwill) 6178281,033   
Other undisclosed intangible assets, net (including goodwill)   547   
Disposal group, including discontinued operation, noncurrent assets 3531,430177   
Deferred income tax assets  14
Other noncurrent assets 4234456491,123715573
Deferred tax assets, net2857  
Total noncurrent assets: 25,30334,24535,49130,59735,33337,369
TOTAL ASSETS: 30,18342,97649,02144,25042,37047,192
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,9314,4703,3915,4653,6833,040
Interest and dividends payable 892     
Other undisclosed accounts payable and accrued liabilities 1,0394,4703,3915,4653,6833,040
Debt 1,65835,049149182318314
Disposal group, including discontinued operation 317244   
Other undisclosed current liabilities 9541473,868   
Total current liabilities: 4,57439,7387,4525,6474,0013,354
Noncurrent Liabilities
Long-term debt and lease obligation 22,9575,8472,1442,481304591
Long-term debt, excluding current maturities 20,7172,5792,1442,481304591
Finance lease, liability 55259
Operating lease, liability 2,1853,009
Liabilities, other than long-term debt 934941 4694,654
Deferred tax liabilities, net  4694,654
Disposal group, including discontinued operation, liabilities 934    
Other liabilities   941   
Other undisclosed noncurrent liabilities 883333,88227,89723,18120,706
Total noncurrent liabilities: 23,0545,91436,96730,37823,95325,951
Total liabilities: 27,62845,65244,41936,02527,95529,305
Stockholders' equity
Stockholders' equity attributable to parent 2,555(2,676)4,6028,22514,41517,887
Common stock 32278271255255191
Additional paid in capital 30,05222,06621,79719,57118,86813,853
Retained earnings (accumulated deficit) (27,529)(25,020)(17,466)(11,601)(4,708)3,844
Total stockholders' equity: 2,555(2,676)4,6028,22514,41517,887
TOTAL LIABILITIES AND EQUITY: 30,18342,97649,02144,25042,37047,192

Income statement (P&L) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 15,68343,02646,91940,75224,60838,778
Cost of revenue (17,356)(34,607)(37,450)(33,604)(24,822)(28,809)
Cost of goods and services sold (17,211)(34,607)(37,450)   
Other undisclosed gross profit 145     
Gross profit: (1,528)8,4199,4697,148(213)9,969
Operating expenses (11,064)(46,599)(49,269)(45,464)(35,618)(10,589)
Other undisclosed operating income (loss) (145)34,60737,45033,60424,822 
Operating loss: (12,737)(3,573)(2,350)(4,712)(11,009)(620)
Nonoperating income (expense) 10,347(162)(2,635)(2,742)(1,480)(1,059)
Other nonoperating income (expense) 126(162)(407)(463)  
Interest and debt expense 11,916(2,805)(2,228)(2,261)(1,766)(1,114)
Income (loss) from continuing operations before equity method investments, income taxes: 9,526(6,540)(7,213)(9,715)(14,255)(2,793)
Other undisclosed income (loss) from continuing operations before income taxes (11,916)1,2522,2282,2611,7661,114
Loss from continuing operations before income taxes: (2,390)(5,288)(4,985)(7,454)(12,489)(1,679)
Income tax expense (benefit) (12)(32)(32)5613,937418
Loss from continuing operations: (2,402)(5,320)(5,017)(6,893)(8,551)(1,261)
Loss from discontinued operations (107)(2,332)(848)   
Net loss available to common stockholders, diluted: (2,509)(7,652)(5,865)(6,893)(8,551)(1,261)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (2,509)(7,652)(5,865)(6,893)(8,551)(1,261)
Comprehensive loss, net of tax, attributable to parent: (2,509)(7,652)(5,865)(6,893)(8,551)(1,261)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: