ADVISOR REVISJON & REGNSKAP AS: årsregnskap 2020 vs 2019
Grew 14% on revenue, stronger earnings
approved 2021-05-22; registry 2021-06-16; journal 2021 323853
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVISOR REVISJON & REGNSKAP AS. Revenue 3.63m NOK → 4.12m NOK (+13.6%). Net result +697.9k NOK → +987.9k NOK. Equity 11 NOK → 1.54m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVISOR REVISJON & REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.63m NOK to 4.12m NOK (+13.6% YoY). Calculated
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↑
Net result improved
Net result +697.9k NOK → +987.9k NOK (net margin 19.2% → 24.0%). Calculated
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↑
Equity strengthened
Book equity 11 NOK → 1.54m NOK (equity ratio 0.0% → 51.2%). Calculated
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↑
Cash rose
Bank deposits 716.1k NOK → 945.6k NOK (+32.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +889.5k NOK → +167.6k NOK (op. margin 24.5% → 4.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.99m NOK → 2.37m NOK (55% → 58% of revenue). Calculated