3RW ARKITEKTER AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue, weaker earnings
approved 2021-08-30; registry 2021-10-04; journal 2021 769495
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3RW ARKITEKTER AS. Revenue 47.21m NOK → 35.13m NOK (-25.6%). Net result +656.4k NOK → +65.0k NOK. Equity 7.24m NOK → 8.31m NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3RW ARKITEKTER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +1.29m NOK → +1.55m NOK (op. margin 2.7% → 4.4%). Calculated
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Equity strengthened
Book equity 7.24m NOK → 8.31m NOK. Calculated
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↑
Payroll decreased
Salary cost 22.54m NOK → 18.14m NOK (48% → 52% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 47.21m NOK to 35.13m NOK (-25.6% YoY). Calculated
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↓
Net result weakened
Net result +656.4k NOK → +65.0k NOK (net margin 1.4% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 10.11m NOK → 5.33m NOK (-47.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 89.5k NOK → 32.7k NOK. Reported fact