Org.nr 879 946 492 2014 → 2015 Year-over-year analysis

A C SMITH & CO AS: årsregnskap 2015 vs 2014

Grew 9% on revenue

approved 2016-06-30; registry 2016-07-20; journal 2016 707949

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for A C SMITH & CO AS. Revenue 67.57m NOK → 73.83m NOK (+9.3%). Equity 34.48m NOK → 10.06m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.

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

At a glance

Revenue

67.57m NOK 73.83m NOK

+9.3%

Operating result

+4.77m NOK n/m

—

Net result

n/m +5.58m NOK

—

Equity

34.48m NOK 10.06m NOK

-70.8%

Cash

9.88m NOK 26.74m NOK

+170.7%

Total assets

52.37m NOK 41.44m NOK

-20.9%

↑
Revenue rose

Operating income / revenue moved from 67.57m NOK to 73.83m NOK (+9.3% YoY). Calculated
↑
Cash rose

Bank deposits 9.88m NOK → 26.74m NOK (+170.7% YoY). Calculated
↑
Payroll decreased

Salary cost 18.11m NOK → 17.77m NOK (27% → 24% of revenue). Calculated

↓
Equity eroded

Book equity 34.48m NOK → 10.06m NOK (equity ratio 65.8% → 24.3%). Calculated

·
COGS moved

COGS / varekostnad 40.50m NOK → 43.76m NOK (+8.0% YoY). Calculated