A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 1994 vs 1993
Shrank 65% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 4.01m NOK → 1.42m NOK (-64.6%). Equity 1.11m NOK → 1.43m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.11m NOK → 1.43m NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.73× → 1.66×. Calculated
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↑
Payroll decreased
Salary cost 2.47m NOK → 676.3k NOK (62% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.01m NOK to 1.42m NOK (-64.6% YoY). Calculated
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↓
Operating result weakened
Operating result +196.9k NOK → +165.5k NOK (op. margin 4.9% → 11.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 943.3k NOK → 335.3k NOK (-64.5% YoY). Calculated