A C SMITH & CO AS: årsregnskap 2007 vs 2006
Grew 6% on revenue
approved 2008-06-12; registry 2008-07-10
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A C SMITH & CO AS. Revenue 34.39m NOK → 36.28m NOK (+5.5%). Net result +974 NOK → +4 466 NOK. Equity 7.05m NOK → 11.52m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A C SMITH & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 34.39m NOK to 36.28m NOK (+5.5% YoY). Calculated
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↑
Net result improved
Net result +974 NOK → +4 466 NOK (net margin 0.0% → 0.0%). Calculated
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↑
Equity strengthened
Book equity 7.05m NOK → 11.52m NOK (equity ratio 34.3% → 68.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +7.03m NOK → +6.05m NOK (op. margin 20.4% → 16.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 8.55m NOK → 9.96m NOK (25% → 27% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 17.21m NOK → 14.39m NOK (-16.4% YoY). Calculated