7 STEEL SERVICE NORWAY AS: årsregnskap 2017 vs 2016
Grew 6% on revenue
approved 2018-04-24; registry 2018-06-12; journal 2018 464936
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 7 STEEL SERVICE NORWAY AS. Revenue 672.7k NOK → 711.3k NOK (+5.7%). Equity 28.74m NOK → 7.89m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7 STEEL SERVICE NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 672.7k NOK to 711.3k NOK (+5.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 28.74m NOK → 7.89m NOK (equity ratio 10044.5% → 2178.6%). Calculated
-
↓
Cash fell
Bank deposits 4.61m NOK → 3.82m NOK (-17.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 94.82m NOK → 4.11bn NOK (14095% → 577772% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 457.4k NOK → 504.7k NOK (+10.4% YoY). Calculated