FirmaIQ
Org.nr 879 946 492 2009 → 2010 Year-over-year analysis

A C SMITH & CO AS: årsregnskap 2010 vs 2009

Shrank 27% on revenue, weaker earnings

approved 2011-06-30; registry 2011-08-25; journal 2011 637738

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A C SMITH & CO AS. Revenue 46.27m NOK → 33.85m NOK (-26.9%). Net result +6.69m NOK → +4.96m NOK. Equity 10.20m NOK → 15.16m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened.

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

At a glance

Scorecard

Revenue
46.27m NOK 33.85m NOK
-26.9%
Net result
+6.69m NOK +4.96m NOK
-25.9%
Equity
10.20m NOK 15.16m NOK
+48.6%
Total assets
33.68m NOK 22.47m NOK
-33.3%

What improved

  • ↑

    Equity strengthened

    Book equity 10.20m NOK → 15.16m NOK (equity ratio 30.3% → 67.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 46.27m NOK to 33.85m NOK (-26.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +6.69m NOK → +4.96m NOK (net margin 14.5% → 14.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.60m NOK → 12.68m NOK (-41.3% YoY). Calculated