SmartCraft ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 14, 2024 at 05:30 am EST
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SmartCraft ASA reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was NOK 106.96 million compared to NOK 90.57 million a year ago. Revenue was NOK 106.96 million compared to NOK 90.57 million a year ago. Net income was NOK 28.25 million compared to NOK 12.02 million a year ago. Basic earnings per share from continuing operations was NOK 0.17 compared to NOK 0.07 a year ago.
For the full year, sales was NOK 401.65 million compared to NOK 333.42 million a year ago. Revenue was NOK 401.65 million compared to NOK 333.42 million a year ago. Net income was NOK 114.71 million compared to NOK 68.09 million a year ago. Basic earnings per share from continuing operations was NOK 0.68 compared to NOK 0.4 a year ago.
Smartcraft ASA is a Norway-based provider of software solutions and digital tools for craftsmen and the construction industry. The Company delivers Software as a Service (SaaS) solutions to help craftsmen and construction companies become more efficient and profitable as well as to simplify their businesses. Smartcraftâs solutions include cable dimensioning, project management for small and medium sized businesses, Quality and Safety as well as EL-VIS solutions, that offer tools and templates for electricians. The Company has several subsidiaries, including SmartCraft Sweden AB, Homerunbynet Oy, SmartCraft Norway AS and Kvalitetskontroll AS. Smartcraft ASA has 14 offices across Norway, Sweden and Finland.