7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2007 vs 2006
Grew 20% on revenue
approved 2007-12-31; registry 2008-07-08
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 2.06bn NOK → 2.48bn NOK (+20.4%). Equity 557.85m NOK → 790.52m NOK.
On the constructive side: revenue rose; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7 STEEL NORDIC MANUFACTURING AS.
At a glance
Scorecard
Revenue
2.06bn NOK
2.48bn NOK
+20.4%
Operating result
+111.46m NOK
n/m
—
Net result
+85.34m NOK
n/m
—
Equity
557.85m NOK
790.52m NOK
+41.7%
Total assets
887.42m NOK
1.15bn NOK
+29.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.06bn NOK to 2.48bn NOK (+20.4% YoY). Calculated
-
↑
Equity strengthened
Book equity 557.85m NOK → 790.52m NOK (equity ratio 62.9% → 68.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.15bn NOK → 5.16bn NOK (250% → 209% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 3.30bn NOK → 1.48bn NOK (-55.1% YoY). Calculated