70 GRADER N ARKITEKTUR AS: årsregnskap 2008 vs 2007
Slipped into loss, fresh owner capital
approved 2009-06-30; registry 2009-09-01
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 70 GRADER N ARKITEKTUR AS. Revenue 5.50m NOK → 5.28m NOK (-3.9%). Net result +277.6k NOK → -304.6k NOK. Equity 4 546 NOK → 699.9k NOK.
On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; fell into a net loss; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4 546 NOK → 699.9k NOK (equity ratio 0.2% → 33.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 204 NOK → 204.0k NOK (+203.8k NOK). Reported fact
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↑
Payroll decreased
Salary cost 3.99m NOK → 3.62m NOK (72% → 68% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.50m NOK to 5.28m NOK (-3.9% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 277.6k NOK profit to a loss of 304.6k NOK. Calculated
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↓
Cash fell
Bank deposits 1.30m NOK → 1.29m NOK (-0.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 18.00× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 44.2k NOK → 876.5k NOK (+1882.3% YoY). Calculated