70 GRADER N ARKITEKTUR AS: årsregnskap 2011 vs 2010
Weaker earnings
approved 2012-05-31; registry 2012-08-27; journal 2012 652983
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 70 GRADER N ARKITEKTUR AS. Revenue 3.98m NOK → 4.07m NOK (+2.1%). Net result -34.5k NOK → -308.7k NOK. Equity 516.6k NOK → 207.9k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. 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 3.98m NOK to 4.07m NOK (+2.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.10× → 8.48×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -32.9k NOK → -446.7k NOK (op. margin -0.8% → -11.0%). Calculated
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↓
Net result weakened
Net result -34.5k NOK → -308.7k NOK (net margin -0.9% → -7.6%). Calculated
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↓
Equity eroded
Book equity 516.6k NOK → 207.9k NOK (equity ratio 40.5% → 15.6%). Calculated
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↓
Cash fell
Bank deposits 237.8k NOK → 229.5k NOK (-3.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.92m NOK → 3.35m NOK (73% → 82% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 25.7k NOK → 137.5k NOK (+435.4% YoY). Calculated