7 STEEL SERVICE NORWAY AS: årsregnskap 2018 vs 2017
Grew 21% on revenue
approved 2019-04-23; registry 2019-05-11; journal 2019 316766
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 7 STEEL SERVICE NORWAY AS. Revenue 711.3k NOK → 863.3k NOK (+21.4%). Equity 7.89m NOK → 75.16m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: cogs moved. 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 711.3k NOK to 863.3k NOK (+21.4% YoY). Calculated
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↑
Equity strengthened
Book equity 7.89m NOK → 75.16m NOK (equity ratio 2178.6% → 18706.2%). Calculated
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Cash rose
Bank deposits 3.82m NOK → 4.73m NOK (+23.7% YoY). Calculated
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Payroll decreased
Salary cost 4.11bn NOK → 4.12m NOK (577772% → 478% of revenue). Calculated
Things to notice
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COGS moved
COGS / varekostnad 504.7k NOK → 615.3k NOK (+21.9% YoY). Calculated