7 STEEL SERVICE NORWAY AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-04-28; registry 2020-06-11; journal 2020 421070
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7 STEEL SERVICE NORWAY AS. Revenue 863.3k NOK → 868.7k NOK (+0.6%). Equity 75.16m NOK → 83.22m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: 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
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↑
Revenue rose
Operating income / revenue moved from 863.3k NOK to 868.7k NOK (+0.6% YoY). Calculated
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↑
Equity strengthened
Book equity 75.16m NOK → 83.22m NOK (equity ratio 18706.2% → 16111.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 4.73m NOK → 4.47m NOK (-5.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.12m NOK → 4.14m NOK (478% → 476% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 615.3k NOK → 607.39m NOK (+98618.9% YoY). Calculated