7 STEEL NORDIC GROUP AS: årsregnskap 2024 vs 2023
Returned to profit, cash halved-plus
approved 2025-04-25; registry 2025-05-21; journal 2025 415280
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 7 STEEL NORDIC GROUP AS. Revenue 7.77m NOK → 7.52m NOK (-3.2%). Net result -120.0k NOK → +140.0k NOK. Equity 64.02m NOK → 67.00m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 7 STEEL NORDIC GROUP AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 120.0k NOK to a profit of 140.0k NOK. Calculated
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↑
Equity strengthened
Book equity 64.02m NOK → 67.00m NOK (equity ratio 43.2% → 50.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.77m NOK to 7.52m NOK (-3.2% YoY). Calculated
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↓
Operating result weakened
Operating result -58.0k NOK → -2.03m NOK (op. margin -0.7% → -26.9%). Calculated
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↓
Cash fell
Bank deposits 8.01m NOK → 3.63m NOK (-54.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.18m NOK → 5.13m NOK (-1.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 123.21m NOK → 118.32m NOK. Reported fact