7 STEEL NORDIC REINFORCING AS: årsregnskap 2007 vs 2006
Returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 7 STEEL NORDIC REINFORCING AS. Net result -8 656 NOK → +241.55m NOK. Equity 421.3k NOK → 610.56m NOK.
On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7 STEEL NORDIC REINFORCING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 8 656 NOK to a profit of 241.55m NOK. Calculated
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↑
Equity strengthened
Book equity 421.3k NOK → 610.56m NOK (equity ratio 63.7% → 78.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.07×. Calculated
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↑
Owners injected capital
Paid-in equity rose 74.3k NOK → 74.30m NOK (+74.22m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -2 682 NOK → -1.62m NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 598.1k NOK → 598.15m NOK. Reported fact