FirmaIQ
Org.nr 974 281 325 2022 → 2023 Year-over-year analysis

70 GRADER N ARKITEKTUR AS: årsregnskap 2023 vs 2022

Shrank 22% on revenue, slipped into loss

registry 2024-06-11; journal 2024 500701

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 70 GRADER N ARKITEKTUR AS. Revenue 6.00m NOK → 4.69m NOK (-21.8%). Net result +219.7k NOK → -247.4k NOK. Equity 907.3k NOK → 659.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 70 GRADER N ARKITEKTUR AS.

At a glance

Scorecard

Revenue
6.00m NOK 4.69m NOK
-21.8%
Operating result
+291.7k NOK -319.3k NOK
-209.5%
Net result
+219.7k NOK -247.4k NOK
-212.6%
Equity
907.3k NOK 659.9k NOK
-27.3%
Cash
1.64m NOK 1.22m NOK
-25.8%
Total assets
2.32m NOK 1.85m NOK
-20.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.67m NOK → 4.00m NOK (78% → 85% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.00m NOK to 4.69m NOK (-21.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +291.7k NOK → -319.3k NOK (op. margin 4.9% → -6.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 219.7k NOK profit to a loss of 247.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 907.3k NOK → 659.9k NOK (equity ratio 39.0% → 35.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.64m NOK → 1.22m NOK (-25.8% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 6. Reported fact