7 STEEL NORDIC REINFORCING AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-04-04; registry 2016-05-04; journal 2016 401534
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 7 STEEL NORDIC REINFORCING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 687.17m NOK → 688.64m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell; 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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↑
Equity strengthened
Book equity 687.17m NOK → 688.64m NOK (equity ratio 64.0% → 53.7%). Calculated
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↑
Cash rose
Bank deposits 19.19m NOK → 125.16m NOK (+552.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 57.21m NOK → 56.48m NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +13.73m NOK → +9.09m NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.13m NOK → 5.13m NOK (-0.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 678.36m NOK → 698.36m NOK. Reported fact