ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, weaker earnings
registry 2022-03-03; journal 2022 130835
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 7.64m NOK → 8.66m NOK (+13.3%). Net result +503.3k NOK → +128.4k NOK. Equity 2.71m NOK → 2.83m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. 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 7.64m NOK to 8.66m NOK (+13.3% YoY). Calculated
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↑
Equity strengthened
Book equity 2.71m NOK → 2.83m NOK (equity ratio 57.1% → 62.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +568.8k NOK → +156.4k NOK (op. margin 7.4% → 1.8%). Calculated
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↓
Net result weakened
Net result +503.3k NOK → +128.4k NOK (net margin 6.6% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 2.26m NOK → 1.70m NOK (-24.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.16m NOK → 4.20m NOK (54% → 48% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 502.4k NOK → 51.9k NOK (-89.7% YoY). Calculated