70 GRADER N ARKITEKTUR AS: årsregnskap 2007 vs 2006
Grew 33% on revenue, returned to profit
approved 2008-05-22; registry 2008-09-13
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 70 GRADER N ARKITEKTUR AS. Revenue 4.14m NOK → 5.50m NOK (+32.8%). Net result -49.9k NOK → +277.6k NOK. Equity 724.9k NOK → 4 546 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. 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 4.14m NOK to 5.50m NOK (+32.8% YoY). Calculated
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↑
Operating result improved
Operating result -110.8k NOK → +372.6k NOK (op. margin -2.7% → 6.8%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 49.9k NOK to a profit of 277.6k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 724.9k NOK → 4 546 NOK (equity ratio 49.1% → 0.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 102.0k NOK → 204 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 3.13m NOK → 3.99m NOK (76% → 72% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 37.4k NOK → 44.2k NOK (+18.3% YoY). Calculated