7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2008 vs 2007
A steady year on the published lines
approved 2009-05-06; registry 2009-07-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 2.48bn NOK → 2.51bn NOK (+1.2%). Equity 790.52m NOK → 664.06m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 7 STEEL NORDIC MANUFACTURING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.48bn NOK to 2.51bn NOK (+1.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 790.52m NOK → 664.06m NOK (equity ratio 68.6% → 48.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.16bn NOK → 5.17bn NOK (209% → 206% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.48bn NOK → 3.57bn NOK (+140.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 250.0k NOK → 325 NOK. Reported fact