FirmaIQ
Org.nr 953 591 421 2014 → 2015 Year-over-year analysis

7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2015 vs 2014

Shrank 6% on revenue

approved 2016-04-08; registry 2016-05-02; journal 2016 399182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 2.28bn NOK → 2.15bn NOK (-5.6%). Equity 484.2k NOK → 611.39m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
2.28bn NOK 2.15bn NOK
-5.6%
Operating result
+93.84m NOK +50.18m NOK
-46.5%
Equity
484.2k NOK 611.39m NOK
+126158.7%
Cash
7.94m NOK 8.23m NOK
+3.7%
Total assets
1.07bn NOK 1.30bn NOK
+22.4%

What improved

  • ↑

    Equity strengthened

    Book equity 484.2k NOK → 611.39m NOK (equity ratio 0.0% → 46.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.94m NOK → 8.23m NOK (+3.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.28bn NOK to 2.15bn NOK (-5.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +93.84m NOK → +50.18m NOK (op. margin 4.1% → 2.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 18.20m NOK → 18.21bn NOK (1% → 847% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.44bn NOK → 3.33bn NOK (-3.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 200.0k NOK → 420 NOK. Reported fact