Org.nr 980 345 114 2015 → 2016 Year-over-year analysis

7 STEEL NORDIC REINFORCING AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-05-10; registry 2017-06-28; journal 2017 518993

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 7 STEEL NORDIC REINFORCING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 688.64m NOK → 691.17m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7 STEEL NORDIC REINFORCING AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

+9.09m NOK +19.96m NOK

+119.5%

Equity

688.64m NOK 691.17m NOK

+0.4%

Cash

125.16m NOK 94.51m NOK

-24.5%

Total assets

1.28bn NOK 1.15bn NOK

-10.0%

↑
Operating result improved

Operating result +9.09m NOK → +19.96m NOK. Calculated
↑
Equity strengthened

Book equity 688.64m NOK → 691.17m NOK (equity ratio 53.7% → 59.9%). Calculated

↓
Cash fell

Bank deposits 125.16m NOK → 94.51m NOK (-24.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 56.48m NOK → 60.08m NOK. Calculated