FirmaIQ
Org.nr 992 299 088 2019 → 2020 Year-over-year analysis

CENTENNIAL EIENDOM ASA: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-20; registry 2021-07-07; journal 2021 453463

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for CENTENNIAL EIENDOM ASA. Net result +6.72m NOK → +82.90m NOK. Equity 338.87m NOK → 117.22m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for CENTENNIAL EIENDOM ASA.

At a glance

Scorecard

Revenue
35.38m NOK n/m
—
Operating result
-195.6k NOK -111.6k NOK
+42.9%
Net result
+6.72m NOK +82.90m NOK
+1133.4%
Equity
338.87m NOK 117.22m NOK
-65.4%
Cash
131.7k NOK 894.0k NOK
+578.7%
Total assets
623.41m NOK 303.16m NOK
-51.4%

What improved

  • ↑

    Operating result improved

    Operating result -195.6k NOK → -111.6k NOK. Calculated

  • ↑

    Net result improved

    Net result +6.72m NOK → +82.90m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 131.7k NOK → 894.0k NOK (+578.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 338.87m NOK → 117.22m NOK (equity ratio 54.4% → 38.7%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 271.99m NOK → 13.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 168.34m NOK → 152.26m NOK. Reported fact