Org.nr 974 281 325 2023 → 2024 Year-over-year analysis

70 GRADER N ARKITEKTUR AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, stronger earnings

registry 2025-03-31; journal 2025 355393

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 70 GRADER N ARKITEKTUR AS. Revenue 4.69m NOK → 4.26m NOK (-9.3%). Net result -247.4k NOK → -96.5k NOK. Equity 659.9k NOK → 563.4k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.69m NOK 4.26m NOK
-9.3%
Operating result
-319.3k NOK -132.7k NOK
+58.4%
Net result
-247.4k NOK -96.5k NOK
+61.0%
Equity
659.9k NOK 563.4k NOK
-14.6%
Cash
1.22m NOK 762.1k NOK
-37.4%
Total assets
1.85m NOK 1.25m NOK
-32.1%

What improved

  • ↑

    Operating result improved

    Operating result -319.3k NOK → -132.7k NOK (op. margin -6.8% → -3.1%). Calculated

  • ↑

    Net result improved

    Net result -247.4k NOK → -96.5k NOK (net margin -5.3% → -2.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.00m NOK → 3.44m NOK (85% → 81% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.69m NOK to 4.26m NOK (-9.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 659.9k NOK → 563.4k NOK (equity ratio 35.7% → 45.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.22m NOK → 762.1k NOK (-37.4% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 40.6k NOK → 123.0k NOK (+202.9% YoY). Calculated