70 GRADER N ARKITEKTUR AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, stronger earnings
approved 2023-05-21; registry 2023-05-24; journal 2023 420772
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 70 GRADER N ARKITEKTUR AS. Revenue 4.59m NOK → 6.00m NOK (+30.7%). Net result +8 460 NOK → +219.7k NOK. Equity 687.6k NOK → 907.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
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
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.59m NOK to 6.00m NOK (+30.7% YoY). Calculated
-
↑
Operating result improved
Operating result +21.0k NOK → +291.7k NOK (op. margin 0.5% → 4.9%). Calculated
-
↑
Net result improved
Net result +8 460 NOK → +219.7k NOK (net margin 0.2% → 3.7%). Calculated
-
↑
Equity strengthened
Book equity 687.6k NOK → 907.3k NOK (equity ratio 38.6% → 39.0%). Calculated
-
↑
Cash rose
Bank deposits 1.58m NOK → 1.64m NOK (+3.8% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.64m NOK → 4.67m NOK (79% → 78% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 36.0k NOK → 29.1k NOK (-19.4% YoY). Calculated