FirmaIQ
Org.nr 953 591 421 2015 → 2016 Year-over-year analysis

7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-05-17; registry 2017-06-03; journal 2017 384518

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 2.15bn NOK → 2.25bn NOK (+4.7%). Equity 611.39m NOK → 788.74m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; 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
2.15bn NOK 2.25bn NOK
+4.7%
Operating result
+50.18m NOK +169.70m NOK
+238.2%
Equity
611.39m NOK 788.74m NOK
+29.0%
Cash
8.23m NOK 8.25m NOK
+0.2%
Total assets
1.30bn NOK 1.44bn NOK
+10.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.15bn NOK to 2.25bn NOK (+4.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +50.18m NOK → +169.70m NOK (op. margin 2.3% → 7.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 611.39m NOK → 788.74m NOK (equity ratio 46.9% → 54.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.23m NOK → 8.25m NOK (+0.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 18.21bn NOK → 19.23bn NOK (847% → 854% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.33bn NOK → 3.26bn NOK (-2.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 420 NOK → 540.5k NOK. Reported fact