FirmaIQ
Org.nr 879 946 492 2021 → 2022 Year-over-year analysis

A C SMITH & CO AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-08-29; registry 2023-08-30; journal 2023 720986

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A C SMITH & CO AS. Revenue 42.83m NOK → 44.40m NOK (+3.7%). Net result +2.46m NOK → +3.04m NOK. Equity 13.98m NOK → 17.03m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for A C SMITH & CO AS.

At a glance

Scorecard

Revenue
42.83m NOK 44.40m NOK
+3.7%
Operating result
+3.03m NOK +3.41m NOK
+12.2%
Net result
+2.46m NOK +3.04m NOK
+23.8%
Equity
13.98m NOK 17.03m NOK
+21.8%
Cash
9.82m NOK 6.66m NOK
-32.2%
Total assets
19.20m NOK 28.50m NOK
+48.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.83m NOK to 44.40m NOK (+3.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.03m NOK → +3.41m NOK (op. margin 7.1% → 7.7%). Calculated

  • ↑

    Net result improved

    Net result +2.46m NOK → +3.04m NOK (net margin 5.7% → 6.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.98m NOK → 17.03m NOK (equity ratio 72.8% → 59.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 16.63m NOK → 13.73m NOK (39% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 9.82m NOK → 6.66m NOK (-32.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 19.34m NOK → 23.34m NOK (+20.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 23 → 18. Reported fact