FirmaIQ
Org.nr 953 591 421 2004 → 2005 Year-over-year analysis

7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2005 vs 2004

Slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 1.94bn NOK → 1.90bn NOK (-1.8%). Net result +40.0k NOK → -8.26m NOK. Equity 462.11m NOK → 77.53bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7 STEEL NORDIC MANUFACTURING AS.

At a glance

Scorecard

Revenue
1.94bn NOK 1.90bn NOK
-1.8%
Operating result
+117.24m NOK -16.03m NOK
-113.7%
Net result
+40.0k NOK -8.26m NOK
-20741.0%
Equity
462.11m NOK 77.53bn NOK
+16676.8%
Total assets
112.84m NOK 939.95m NOK
+733.0%

What improved

  • ↑

    Equity strengthened

    Book equity 462.11m NOK → 77.53bn NOK (equity ratio 409.5% → 8248.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 169.72m NOK → 162.11m NOK (9% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.94bn NOK to 1.90bn NOK (-1.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +117.24m NOK → -16.03m NOK (op. margin 6.0% → -0.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 40.0k NOK profit to a loss of 8.26m NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 264.33m NOK → 292.85m NOK (+10.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 9.25m NOK → 8.25m NOK. Reported fact