70 GRADER N ARKITEKTUR AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-06-30; registry 2021-07-05; journal 2021 519906
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 70 GRADER N ARKITEKTUR AS. Revenue 4.76m NOK → 4.57m NOK (-4.0%). Net result +79.8k NOK → +59.3k NOK. Equity 653.9k NOK → 679.2k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced. 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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↑
Equity strengthened
Book equity 653.9k NOK → 679.2k NOK (equity ratio 37.2% → 117.8%). Calculated
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↑
Cash rose
Bank deposits 151.3k NOK → 1.41m NOK (+833.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.54m NOK → 3.37m NOK (74% → 74% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.76m NOK to 4.57m NOK (-4.0% YoY). Calculated
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↓
Operating result weakened
Operating result +113.5k NOK → +73.1k NOK (op. margin 2.4% → 1.6%). Calculated
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↓
Net result weakened
Net result +79.8k NOK → +59.3k NOK (net margin 1.7% → 1.3%). Calculated
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↓
COGS moved
COGS / varekostnad 154.2k NOK → 198.5k NOK (+28.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 136.0k NOK → 102.0k NOK — check capital reduction, conversion, or reclassification. Interpretation