Org.nr 992 299 088 2018 → 2019 Year-over-year analysis

CENTENNIAL EIENDOM ASA: årsregnskap 2019 vs 2018

Shrank 82% on revenue

approved 2020-05-25; registry 2020-06-17; journal 2020 444244

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for CENTENNIAL EIENDOM ASA. Revenue 199.29m NOK → 35.38m NOK (-82.2%). Equity 456.60m NOK → 338.87m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

199.29m NOK 35.38m NOK

-82.2%

Operating result

n/m -195.6k NOK

—

Net result

n/m +6.72m NOK

—

Equity

456.60m NOK 338.87m NOK

-25.8%

Cash

26.2k NOK 131.7k NOK

+402.2%

Total assets

739.73m NOK 623.41m NOK

-15.7%

↑
Cash rose

Bank deposits 26.2k NOK → 131.7k NOK (+402.2% YoY). Calculated
↑
Payroll decreased

Salary cost 3.12m NOK → 403.4k NOK (2% → 1% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 199.29m NOK to 35.38m NOK (-82.2% YoY). Calculated
↓
Equity eroded

Book equity 456.60m NOK → 338.87m NOK (equity ratio 61.7% → 54.4%). Calculated

·
Book investments changed

Investment / intangible book value 319815.06bn NOK → 168.34m NOK. Reported fact