A C SMITH & CO AS: årsregnskap 2012 vs 2011
Grew 67% on revenue
approved 2013-06-28; registry 2013-08-17; journal 2013 642247
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A C SMITH & CO AS. Revenue 40.82m NOK → 68.08m NOK (+66.8%). Equity 16.67m NOK → 20.34m 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 A C SMITH & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 40.82m NOK to 68.08m NOK (+66.8% YoY). Calculated
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↑
Equity strengthened
Book equity 16.67m NOK → 20.34m NOK (equity ratio 57.1% → 72.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 13.11m NOK → 8.72m NOK (-33.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 11.76m NOK → 14.19m NOK (29% → 21% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 23.58m NOK → 45.88m NOK (+94.6% YoY). Calculated