7 STEEL SERVICE NORWAY AS: årsregnskap 2004 vs 2003
Grew 56% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 7 STEEL SERVICE NORWAY AS. Revenue 386.22m NOK → 603.22m NOK (+56.2%). Equity 71.25m NOK → 125.28m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 7 STEEL SERVICE NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 386.22m NOK to 603.22m NOK (+56.2% YoY). Calculated
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↑
Operating result improved
Operating result +15.00m NOK → +84.95m NOK (op. margin 3.9% → 14.1%). Calculated
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↑
Equity strengthened
Book equity 71.25m NOK → 125.28m NOK (equity ratio 52.2% → 50.7%). Calculated
Things to notice
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Payroll increased
Salary cost 31.56m NOK → 39.56m NOK (8% → 7% of revenue). Calculated
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COGS moved
COGS / varekostnad 7 NOK → 436.84m NOK (+6240522814.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.6k NOK → 14.5k NOK. Reported fact