FirmaIQ
Org.nr 953 591 421 2011 → 2012 Year-over-year analysis

7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2012 vs 2011

Grew 8% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 2.40bn NOK → 2.59bn NOK (+7.8%). Equity 460757.51bn NOK → 474.48m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7 STEEL NORDIC MANUFACTURING AS.

At a glance

Scorecard

Revenue
2.40bn NOK 2.59bn NOK
+7.8%
Operating result
-51.14m NOK +1.47m NOK
+102.9%
Net result
-51.50m NOK n/m
—
Equity
460757.51bn NOK 474.48m NOK
-100.0%
Total assets
113.90m NOK 166.67m NOK
+46.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.40bn NOK to 2.59bn NOK (+7.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -51.14m NOK → +1.47m NOK (op. margin -2.1% → 0.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 460757.51bn NOK → 474.48m NOK (equity ratio 404542314.0% → 284.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 172.85m NOK → 18.19bn NOK (7% → 702% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.65bn NOK → 1.78bn NOK (+7.9% YoY). Calculated