Org.nr 980 345 114 2023 → 2024 Year-over-year analysis

7 STEEL NORDIC REINFORCING AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-05-27; registry 2025-07-05; journal 2025 531944

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 7 STEEL NORDIC REINFORCING AS. Revenue 0 NOK → 467.22m NOK. Net result -11.51m NOK → -4.85m NOK. Equity 628.16m NOK → 644.86m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

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

Scorecard

Revenue
0 NOK 467.22m NOK
—
Operating result
-1.27m NOK -1.31m NOK
-3.0%
Net result
-11.51m NOK -4.85m NOK
+57.9%
Equity
628.16m NOK 644.86m NOK
+2.7%
Cash
243.36m NOK 236.16m NOK
-3.0%
Total assets
1.74bn NOK 1.47bn NOK
-15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 467.22m NOK. Calculated

  • ↑

    Net result improved

    Net result -11.51m NOK → -4.85m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 628.16m NOK → 644.86m NOK (equity ratio 36.1% → 43.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.27m NOK → -1.31m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 243.36m NOK → 236.16m NOK (-3.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.18m NOK → 5.13m NOK (-1.0% YoY). Calculated