Org.nr 992 299 088 2022 → 2023 Year-over-year analysis

CENTENNIAL EIENDOM ASA: årsregnskap 2023 vs 2022

Slipped into loss, cash halved-plus, fresh owner capital

approved 2024-05-15; registry 2024-06-10; journal 2024 441456

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for CENTENNIAL EIENDOM ASA. Net result +4.39m NOK → -19.84m NOK. Equity 150.61m NOK → 165.10m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: operating result weakened; fell into a net loss; cash fell.

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

Scorecard

Operating result
-126.0k NOK -168.8k NOK
-34.0%
Net result
+4.39m NOK -19.84m NOK
-552.1%
Equity
150.61m NOK 165.10m NOK
+9.6%
Cash
267.0k NOK 21.3k NOK
-92.0%
Total assets
341.72m NOK 436.04m NOK
+27.6%

What improved

  • ↑

    Equity strengthened

    Book equity 150.61m NOK → 165.10m NOK (equity ratio 44.1% → 37.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 35.59m NOK → 74.13m NOK (+38.53m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -126.0k NOK → -168.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.39m NOK profit to a loss of 19.84m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 267.0k NOK → 21.3k NOK (-92.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.35× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 301.60m NOK → 331.82m NOK. Reported fact