A C SMITH & CO AS: årsregnskap 2018 vs 2017
Grew 29% on revenue
approved 2019-06-21; registry 2019-07-06; journal 2019 623295
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A C SMITH & CO AS. Revenue 31.64m NOK → 40.74m NOK (+28.8%). Equity 15.33m NOK → 10.29m NOK.
On the constructive side: revenue rose; cash rose. 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
Scorecard
Revenue
31.64m NOK
40.74m NOK
+28.8%
Net result
+971.9k NOK
n/m
—
Equity
15.33m NOK
10.29m NOK
-32.9%
Cash
10.91m NOK
13.91m NOK
+27.5%
Total assets
20.86m NOK
24.73m NOK
+18.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 31.64m NOK to 40.74m NOK (+28.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 10.91m NOK → 13.91m NOK (+27.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 15.33m NOK → 10.29m NOK (equity ratio 73.5% → 41.6%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 10.55m NOK → 19.61m NOK (+85.8% YoY). Calculated