70 GRADER N ARKITEKTUR AS: årsregnskap 2016 vs 2015
Shrank 10% on revenue
approved 2017-06-30; registry 2017-07-20; journal 2017 741121
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 70 GRADER N ARKITEKTUR AS. Revenue 4.13m NOK → 3.72m NOK (-9.7%). Equity 484.7k NOK → 434.9k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 523.7k NOK → 928.3k NOK (+77.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.08×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.13m NOK to 3.72m NOK (-9.7% YoY). Calculated
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↓
Equity eroded
Book equity 484.7k NOK → 434.9k NOK (equity ratio 35.4% → 32.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.56m NOK → 2.66m NOK (62% → 71% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 231.8k NOK → 281.4k NOK (+21.4% YoY). Calculated