Org.nr 992 299 088 2012 → 2013 Year-over-year analysis

CENTENNIAL EIENDOM ASA: årsregnskap 2013 vs 2012

Shrank 23% on revenue, fresh owner capital

approved 2014-05-20; registry 2014-09-08; journal 2014 769501

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for CENTENNIAL EIENDOM ASA. Revenue 387.1k NOK → 299.5k NOK (-22.6%). Equity 191.63m NOK → 183.51m NOK.

On the constructive side: operating result improved; cash rose; owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for CENTENNIAL EIENDOM ASA.

Scorecard

Revenue
387.1k NOK 299.5k NOK
-22.6%
Operating result
+14.85m NOK +20.70m NOK
+39.4%
Equity
191.63m NOK 183.51m NOK
-4.2%
Cash
102.4k NOK 529.0k NOK
+416.9%
Total assets
530.52m NOK 541.46m NOK
+2.1%

What improved

  • ↑

    Operating result improved

    Operating result +14.85m NOK → +20.70m NOK (op. margin 3836.5% → 6911.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 102.4k NOK → 529.0k NOK (+416.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 205.0k NOK → 205.00m NOK (+204.79m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 387.1k NOK to 299.5k NOK (-22.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 191.63m NOK → 183.51m NOK (equity ratio 36.1% → 33.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 507.60m NOK → 500.91m NOK. Reported fact