Org.nr 992 232 382 2019 → 2020 Year-over-year analysis

CENIMA AS: årsregnskap 2020 vs 2019

Shrank 25% on revenue, returned to profit

approved 2021-04-12; registry 2021-04-14; journal 2021 200735

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for CENIMA AS. Revenue 7 200 NOK → 5 400 NOK (-25.0%). Net result -14.8k NOK → +31.7k NOK. Equity 157.9k NOK → 189.6k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

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

Scorecard

Revenue
7 200 NOK 5 400 NOK
-25.0%
Operating result
+7 064 NOK +5 264 NOK
-25.5%
Net result
-14.8k NOK +31.7k NOK
+314.0%
Equity
157.9k NOK 189.6k NOK
+20.1%
Cash
22.3k NOK 27.6k NOK
+24.0%
Total assets
223.1k NOK 255.3k NOK
+14.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 14.8k NOK to a profit of 31.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 157.9k NOK → 189.6k NOK (equity ratio 70.8% → 74.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.3k NOK → 27.6k NOK (+24.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7 200 NOK to 5 400 NOK (-25.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7 064 NOK → +5 264 NOK (op. margin 98.1% → 97.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.9k NOK → 9 931 NOK. Reported fact