A C SMITH & CO AS: årsregnskap 2024 vs 2023
Grew 53% on revenue, stronger earnings
approved 2025-02-25; registry 2025-03-01; journal 2025 318126
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for A C SMITH & CO AS. Revenue 47.19m NOK → 72.14m NOK (+52.9%). Net result +8.32m NOK → +25.22m NOK. Equity 14.35m NOK → 25.37m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. 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 47.19m NOK to 72.14m NOK (+52.9% YoY). Calculated
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Operating result improved
Operating result +9.06m NOK → +32.39m NOK (op. margin 19.2% → 44.9%). Calculated
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Net result improved
Net result +8.32m NOK → +25.22m NOK (net margin 17.6% → 35.0%). Calculated
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↑
Equity strengthened
Book equity 14.35m NOK → 25.37m NOK (equity ratio 43.2% → 51.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 18.91m NOK → 17.39m NOK (-8.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 13.94m NOK → 14.32m NOK (30% → 20% of revenue). Calculated
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COGS moved
COGS / varekostnad 20.01m NOK → 22.15m NOK (+10.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 17 → 17.5. Reported fact