7 STEEL NORDIC MANUFACTURING AS: årsregnskap 2025 vs 2024
Shrank 11% on revenue, weaker earnings, cash halved-plus
approved 2026-06-10; registry 2026-07-23; journal 2026 617782
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 7 STEEL NORDIC MANUFACTURING AS. Revenue 4.35bn NOK → 3.89bn NOK (-10.8%). Net result +13.12bn NOK → +13 NOK. Equity 1.99bn NOK → 2.01bn NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown. 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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↑
Equity strengthened
Book equity 1.99bn NOK → 2.01bn NOK (equity ratio 56.8% → 57.9%). Calculated
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↑
Payroll decreased
Salary cost 19.33bn NOK → 19.38m NOK (444% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.35bn NOK to 3.89bn NOK (-10.8% YoY). Calculated
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↓
Operating result weakened
Operating result +158.54m NOK → +94.68m NOK (op. margin 3.6% → 2.4%). Calculated
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↓
Net result weakened
Net result +13.12bn NOK → +13 NOK (net margin 301.4% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 14.91m NOK → 5.79m NOK (-61.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (14.91m NOK → 5.79m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation