70 GRADER N ARKITEKTUR AS: årsregnskap 2001 vs 2000
Shrank 19% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for 70 GRADER N ARKITEKTUR AS. Revenue 4.42m NOK → 3.59m NOK (-18.8%). Net result +454.1k NOK → -101.1k NOK. Equity 486.9k NOK → 425.8k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 70 GRADER N ARKITEKTUR AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.43×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.42m NOK to 3.59m NOK (-18.8% YoY). Calculated
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↓
Operating result weakened
Operating result +644.1k NOK → -88.5k NOK (op. margin 14.6% → -2.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 454.1k NOK profit to a loss of 101.1k NOK. Calculated
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↓
Equity eroded
Book equity 486.9k NOK → 425.8k NOK (equity ratio 217.1% → 33.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.10m NOK → 2.31m NOK (47% → 64% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 927.2k NOK → 542.1k NOK (-41.5% YoY). Calculated