It looks like you're new here. If you want to get involved, click one of these buttons!
Sorry folks, I used a quote from another site and it turned out to be wrong. In the second quarter SV only had 572,934 SEK in NET Sales so please disregard this and I will make another poll since I cant change this one. The ranges in the poll wont apply since the reference number was off.
Am I reading this correctly?
Net Sales = 572,934 SEK
Profit = Negative 629,960 SEK
In order to break even they would of had to have expenses even to the sales so since they took a loss it means their total expenses were 572,934 (sales) plus losses (629,960) for a total of 1,202,894 SEK. Basically they have twice the amount of expenses as they do sales. Correct?