ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 2020 vs 2019
Grew 13% on revenue, stronger earnings
approved 2021-03-03; registry 2021-03-08; journal 2021 137574
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 6.75m NOK → 7.64m NOK (+13.2%). Net result +133.0k NOK → +503.3k NOK. Equity 2.20m NOK → 2.71m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIGURD A REFVIK EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.75m NOK to 7.64m NOK (+13.2% YoY). Calculated
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Operating result improved
Operating result +139.4k NOK → +568.8k NOK (op. margin 2.1% → 7.4%). Calculated
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Net result improved
Net result +133.0k NOK → +503.3k NOK (net margin 2.0% → 6.6%). Calculated
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Equity strengthened
Book equity 2.20m NOK → 2.71m NOK (equity ratio 58.0% → 57.1%). Calculated
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Cash rose
Bank deposits 2.25m NOK → 2.26m NOK (+0.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 4.11m NOK → 4.16m NOK (61% → 54% of revenue). Calculated