FirmaIQ
Org.nr 879 946 492 2016 → 2017 Year-over-year analysis

A C SMITH & CO AS: årsregnskap 2017 vs 2016

Grew 10% on revenue, stronger earnings

approved 2018-06-19; registry 2018-07-21; journal 2018 742015

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for A C SMITH & CO AS. Revenue 28.84m NOK → 31.64m NOK (+9.7%). Net result +295.1k NOK → +971.9k NOK. Equity 10.36m NOK → 15.33m NOK.

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

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
28.84m NOK 31.64m NOK
+9.7%
Net result
+295.1k NOK +971.9k NOK
+229.4%
Equity
10.36m NOK 15.33m NOK
+48.0%
Cash
9.21m NOK 10.91m NOK
+18.5%
Total assets
13.41m NOK 20.86m NOK
+55.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.84m NOK to 31.64m NOK (+9.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +295.1k NOK → +971.9k NOK (net margin 1.0% → 3.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.36m NOK → 15.33m NOK (equity ratio 77.2% → 73.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.21m NOK → 10.91m NOK (+18.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.21m NOK → 10.55m NOK (-20.1% YoY). Calculated