Centrum AS
ASDissolvedOrg 920351069Ringtunveien 8, 1712 GrålumUtleie av egen eller leid fast eiendom ellers· NACE 68209Est. 2018 · 8 years old0 employees
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Overview
Centrum AS is a Norwegian AS based in Grålum, operating in the Utleie av egen eller leid fast eiendom ellers sector. Incorporated in 2018, the company has 0 employees and reported revenue of NOK 531.8k in its latest annual filing.
Revenue 2019
0.5M NOK
+285% vs 2018
EBITDA margin
53.2 %
+677% vs 2018
Net profit 2019
-0.3M NOK
+49% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
14.4 %
WeakAmong the 40% lowest rated companies in the industry
20182019
Liquidity ratioCurrent assets ÷ Short-term debt
0.6×
WeakAmong the 30% lowest rated companies in the industry
20182019
Return on assets (ROA)Net profit ÷ Total assets × 100
-3.9 %
Very weakAmong the 20% lowest rated companies in the industry
20182019
EBITDA — year on year
NOK thousandsKey figures
Annual report 2019| Revenue | 0.5M NOK | +285% |
| EBITDA | 0.3M NOK | +677% |
| Net profit | -0.3M NOK | +49% |
| Total assets | 7.1M NOK | -3% |
| Equity | 1M NOK | -21% |
| Employees | 0 | — |
Company information
Legal name
CENTRUM AS
Org number
920351069
Legal form
Aksjeselskap
NACE code
Founded
1 January 2018 · 8 years
Share capital
NOK 500,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Investere i fast eiendom eller selskaper som eier fast eiendom, og alt som står i forbindelse.
(no translation available)
Address
Ringtunveien 8, 1712 Grålum
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2019), Centrum AS reported revenue of NOK 531.8k, an increase of 285% on the year before. The figures on this page draw on 2 annual filings covering 2018 to 2019. The bottom line showed a net loss of NOK 278.3k, and the EBITDA margin stood at 53.2%.
At the end of 2019, equity financed 14.4% of the balance sheet, and current assets covered short-term debt 0.6 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2019 | 2018 |
|---|---|---|
| Revenue | 532 | 138 |
| Staff expenses | -0 | -0 |
| EBITDA | 283 | -49 |
| Depreciation & amort. | -306 | -280 |
| EBIT | -23 | -329 |
| Net financials | -256 | -214 |
| Profit before tax | -278 | -544 |
| Tax | -0 | -0 |
| Net profit | -278 | -544 |
Balance sheet
NOK thousands| Item | 2019 | 2018 |
|---|---|---|
| Total assets | 7,089 | 7,302 |
| Equity | 1,023 | 1,301 |
| Long-term debt | 5,535 | 5,535 |
| Short-term debt | 532 | 465 |
| Total debt | 6,067 | 6,000 |
Financial ratios
5-year trendEBITDA margin
53.2 %
20182019
Equity ratio
14.4 %
WeakAmong the 40% lowest rated companies in the industry
20182019
Return on equity
-27.2 %
Very weakAmong the 20% lowest rated companies in the industry
20182019
Net profit margin
-52.3 %
Very weakAmong the 20% lowest rated companies in the industry
20182019
Asset turnover
0.08×
AverageAround the average of companies in the same industry
20182019
Debt / equity
5.93×
WeakAmong the 30% lowest rated companies in the industry
20182019
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 30% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 20% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 20% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 40% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AC Chief Executive Officer | Chief Executive Officer | 2021 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
SG Board of Directors | Board of Directors | 2021 |
AC Chairman | Chairman | 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
Related companies
Company hierarchy
Arne Stangebyes Gate 8 As
Centrum AS Board network connections
Board members of Centrum AS also hold positions in 79 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Arne Christian Skard | Chief Executive Officer | 51 companiesMany roles |
| Sander Grundvig | Board of Directors | 28 companiesMany roles |
Frequently asked questions
What is the Org number of Centrum AS?
Centrum AS is registered with Brønnøysundsregistrene under Org 920351069.
What is the revenue of Centrum AS?
Centrum AS reported revenue of NOK 531.8k in 2019.
Who is the CEO of Centrum AS?
Arne Christian Skard is the CEO of Centrum AS, in role since 2021.
Who is the chairman of Centrum AS?
Arne Christian Skard chairs the board of Centrum AS, in role since 2021.
Where is Centrum AS headquartered?
Centrum AS's registered address is Ringtunveien 8.