70 GRADER N ARKITEKTUR AS: årsregnskap 2002 vs 2001
Returned to profit
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 70 GRADER N ARKITEKTUR AS. Revenue 3.59m NOK → 3.66m NOK (+1.9%). Net result -101.1k NOK → +146.6k NOK. Equity 425.8k NOK → 572.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
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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Revenue rose
Operating income / revenue moved from 3.59m NOK to 3.66m NOK (+1.9% YoY). Calculated
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Operating result improved
Operating result -88.5k NOK → +217.6k NOK (op. margin -2.5% → 5.9%). Calculated
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Turned profitable
Net result flipped from a loss of 101.1k NOK to a profit of 146.6k NOK. Calculated
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Equity strengthened
Book equity 425.8k NOK → 572.4k NOK (equity ratio 33.9% → 19.7%). Calculated
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Payroll decreased
Salary cost 2.31m NOK → 2.00m NOK (64% → 55% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 542.1k NOK → 528.4k NOK (-2.5% YoY). Calculated