FirmaIQ
Org.nr 974 281 325 2020 → 2021 Year-over-year analysis

70 GRADER N ARKITEKTUR AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-03-02; registry 2022-05-11; journal 2022 279450

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 70 GRADER N ARKITEKTUR AS. Revenue 4.57m NOK → 4.59m NOK (+0.5%). Net result +59.3k NOK → +8 460 NOK. Equity 679.2k NOK → 687.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 70 GRADER N ARKITEKTUR AS.

At a glance

Scorecard

Revenue
4.57m NOK 4.59m NOK
+0.5%
Operating result
+73.1k NOK +21.0k NOK
-71.2%
Net result
+59.3k NOK +8 460 NOK
-85.7%
Equity
679.2k NOK 687.6k NOK
+1.2%
Cash
1.41m NOK 1.58m NOK
+12.0%
Total assets
576.7k NOK 1.78m NOK
+208.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.57m NOK to 4.59m NOK (+0.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 679.2k NOK → 687.6k NOK (equity ratio 117.8% → 38.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 1.58m NOK (+12.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +73.1k NOK → +21.0k NOK (op. margin 1.6% → 0.5%). Calculated

  • ↓

    Net result weakened

    Net result +59.3k NOK → +8 460 NOK (net margin 1.3% → 0.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.37m NOK → 3.64m NOK (74% → 79% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 198.5k NOK → 36.0k NOK (-81.8% YoY). Calculated