70 GRADER N ARKITEKTUR AS: årsregnskap 2012 vs 2011
Shrank 19% on revenue
approved 2013-06-30; registry 2013-08-31; journal 2013 724235
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 70 GRADER N ARKITEKTUR AS. Revenue 4.07m NOK → 3.30m NOK (-18.8%). Equity 207.9k NOK → 108.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. 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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↑
Payroll decreased
Salary cost 3.35m NOK → 2.33m NOK (82% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.07m NOK to 3.30m NOK (-18.8% YoY). Calculated
-
↓
Equity eroded
Book equity 207.9k NOK → 108.7k NOK (equity ratio 15.6% → 7.5%). Calculated
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↓
Cash fell
Bank deposits 229.5k NOK → 205.5k NOK (-10.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 8.48× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 137.5k NOK → 243.7k NOK (+77.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation