ADVISIR AS: årsregnskap 2020 vs 2019
Grew 34% on revenue
approved 2021-06-17; registry 2021-07-12; journal 2021 471389
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVISIR AS. Revenue 1.05m NOK → 1.41m NOK (+34.4%). Net result +1.25m NOK → +1.17m NOK. Equity 9.66m NOK → 10.83m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISIR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.05m NOK to 1.41m NOK (+34.4% YoY). Calculated
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↑
Operating result improved
Operating result +335.7k NOK → +613.1k NOK (op. margin 32.0% → 43.5%). Calculated
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↑
Equity strengthened
Book equity 9.66m NOK → 10.83m NOK (equity ratio 98.4% → 96.7%). Calculated
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↑
Cash rose
Bank deposits 9.78m NOK → 10.26m NOK (+5.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.63m NOK → 2 NOK (346% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.25m NOK → +1.17m NOK (net margin 119.6% → 83.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 43.0k NOK → 11.37m NOK. Reported fact