FirmaIQ
Org.nr 980 345 114 2021 → 2022 Year-over-year analysis

7 STEEL NORDIC REINFORCING AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-05-31; registry 2023-07-05; journal 2023 540015

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 7 STEEL NORDIC REINFORCING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +210.25m NOK → +293.30m NOK. Equity 646.37m NOK → 639.67m NOK.

On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded; cogs moved.

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

Revenue
0 NOK 0 NOK
0.0%
Operating result
-1.30m NOK -2.80m NOK
-115.9%
Net result
+210.25m NOK +293.30m NOK
+39.5%
Equity
646.37m NOK 639.67m NOK
-1.0%
Cash
140.22m NOK 805.98m NOK
+474.8%
Total assets
1.39bn NOK 2.07bn NOK
+49.0%

What improved

  • ↑

    Net result improved

    Net result +210.25m NOK → +293.30m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 140.22m NOK → 805.98m NOK (+474.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.30m NOK → -2.80m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 646.37m NOK → 639.67m NOK (equity ratio 46.5% → 30.9%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 5.19m NOK → 5.25m NOK (+1.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 723.44m NOK → 723.40m NOK. Reported fact