Org.nr 980 345 106 2024 → 2025 Year-over-year analysis

7 STEEL SERVICE NORWAY AS: årsregnskap 2025 vs 2024

Grew 10% on revenue, stronger earnings

approved 2026-04-30; registry 2026-06-11; journal 2026 428651

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 7 STEEL SERVICE NORWAY AS. Revenue 1.16bn NOK → 1.28bn NOK (+10.1%). Net result -37.17m NOK → -10.71m NOK. Equity 77.05m NOK → 78.76m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7 STEEL SERVICE NORWAY AS.

Scorecard

Revenue
1.16bn NOK 1.28bn NOK
+10.1%
Operating result
-16.99m NOK +13.10m NOK
+177.1%
Net result
-37.17m NOK -10.71m NOK
+71.2%
Equity
77.05m NOK 78.76m NOK
+2.2%
Cash
5.60m NOK 4.22m NOK
-24.6%
Total assets
599.48m NOK 618.0k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.16bn NOK to 1.28bn NOK (+10.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -16.99m NOK → +13.10m NOK (op. margin -1.5% → 1.0%). Calculated

  • ↑

    Net result improved

    Net result -37.17m NOK → -10.71m NOK (net margin -3.2% → -0.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 77.05m NOK → 78.76m NOK (equity ratio 12.9% → 12743.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.82× → 795.49×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.60m NOK → 4.22m NOK (-24.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 898.95m NOK → 1.00m NOK (-99.9% YoY). Calculated