FirmaIQ
Org.nr 879 946 492 2007 → 2008 Year-over-year analysis

A C SMITH & CO AS: årsregnskap 2008 vs 2007

Grew 49% on revenue, stronger earnings

approved 2009-06-23; registry 2009-08-27

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A C SMITH & CO AS. Revenue 36.28m NOK → 54.20m NOK (+49.4%). Net result +4 466 NOK → +6.99m NOK. Equity 11.52m NOK → 18.51m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A C SMITH & CO AS.

At a glance

Scorecard

Revenue
36.28m NOK 54.20m NOK
+49.4%
Operating result
+6.05m NOK +9.19m NOK
+52.0%
Net result
+4 466 NOK +6.99m NOK
+156462.1%
Equity
11.52m NOK 18.51m NOK
+60.7%
Total assets
16.77m NOK 28.55m NOK
+70.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.28m NOK to 54.20m NOK (+49.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6.05m NOK → +9.19m NOK (op. margin 16.7% → 17.0%). Calculated

  • ↑

    Net result improved

    Net result +4 466 NOK → +6.99m NOK (net margin 0.0% → 12.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.52m NOK → 18.51m NOK (equity ratio 68.7% → 64.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.96m NOK → 10.13m NOK (27% → 19% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.39m NOK → 30.87m NOK (+114.5% YoY). Calculated