FirmaIQ
Org.nr 992 299 088 2017 → 2018 Year-over-year analysis

CENTENNIAL EIENDOM ASA: årsregnskap 2018 vs 2017

Grew 313% on revenue, cash halved-plus

approved 2019-04-30; registry 2019-06-06; journal 2019 387060

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for CENTENNIAL EIENDOM ASA. Revenue 48.29m NOK → 199.29m NOK (+312.6%). Equity 293.47m NOK → 456.60m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for CENTENNIAL EIENDOM ASA.

At a glance

Scorecard

Revenue
48.29m NOK 199.29m NOK
+312.6%
Equity
293.47m NOK 456.60m NOK
+55.6%
Cash
2.48m NOK 26.2k NOK
-98.9%
Total assets
705.04m NOK 739.73m NOK
+4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.29m NOK to 199.29m NOK (+312.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 293.47m NOK → 456.60m NOK (equity ratio 41.6% → 61.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.48m NOK → 26.2k NOK (-98.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.48m NOK → 26.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 3.12m NOK (0% → 2% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 450.2k NOK → 319815.06bn NOK. Reported fact