7 STEEL SERVICE NORWAY AS: årsregnskap 2003 vs 2002
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for 7 STEEL SERVICE NORWAY AS. Revenue 388.94m NOK → 386.22m NOK (-0.7%). Equity 71.93m NOK → 71.25m NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 7 STEEL SERVICE NORWAY AS.
At a glance
Scorecard
Revenue
388.94m NOK
386.22m NOK
-0.7%
Operating result
n/m
+15.00m NOK
—
Equity
71.93m NOK
71.25m NOK
-0.9%
Total assets
117.72m NOK
136.62m NOK
+16.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 388.94m NOK to 386.22m NOK (-0.7% YoY). Calculated
-
↓
Equity eroded
Book equity 71.93m NOK → 71.25m NOK (equity ratio 61.1% → 52.2%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 302.38m NOK → 7 NOK (-100.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 22.5k NOK → 18.6k NOK. Reported fact