7 STEEL NORDIC REINFORCING AS: årsregnskap 2018 vs 2017
A steady year on the published lines
approved 2019-04-25; registry 2019-06-15; journal 2019 415012
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 7 STEEL NORDIC REINFORCING AS. Revenue 0 NOK → 406.8k NOK. Equity 842.25m NOK → 843.59m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; 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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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 406.8k NOK. Calculated
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↑
Operating result improved
Operating result +16.81m NOK → +22.28m NOK. Calculated
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↑
Equity strengthened
Book equity 842.25m NOK → 843.59m NOK (equity ratio 65.8% → 62.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 128.45m NOK → 100.38m NOK (-21.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 63.22m NOK → 63.34m NOK. Calculated
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·
COGS fell
COGS / varekostnad 5.16m NOK → 5.15m NOK (-0.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 700.12m NOK → 700.87m NOK. Reported fact