70 GRADER N ARKITEKTUR AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-06-30; registry 2019-07-11; journal 2019 685353
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 70 GRADER N ARKITEKTUR AS. Revenue 5.21m NOK → 5.12m NOK (-1.6%). Net result +110.1k NOK → +29.1k NOK. Equity 545.0k NOK → 574.0k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 70 GRADER N ARKITEKTUR AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 545.0k NOK → 574.0k NOK (equity ratio 32.1% → 41.1%). Calculated
-
↑
Cash rose
Bank deposits 199.1k NOK → 589.6k NOK (+196.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.21m NOK to 5.12m NOK (-1.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +185.5k NOK → +57.8k NOK (op. margin 3.6% → 1.1%). Calculated
-
↓
Net result weakened
Net result +110.1k NOK → +29.1k NOK (net margin 2.1% → 0.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.33m NOK → 3.59m NOK (64% → 70% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 427.2k NOK → 315.1k NOK (-26.3% YoY). Calculated