A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 1996 vs 1995
Grew 23% on revenue
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 1.15m NOK → 1.42m NOK (+23.3%). Equity -1.44m NOK → -1.29m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: thin equity buffer; payroll increased; cogs moved. 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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Revenue rose
Operating income / revenue moved from 1.15m NOK to 1.42m NOK (+23.3% YoY). Calculated
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↑
Operating result improved
Operating result +68.6k NOK → +7.21m NOK (op. margin 5.9% → 506.2%). Calculated
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Equity strengthened
Book equity -1.44m NOK → -1.29m NOK (equity ratio -148.2% → -19713.5%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -19713.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 606.8k NOK → 729.9k NOK (53% → 51% of revenue). Calculated
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COGS moved
COGS / varekostnad 37.7k NOK → 56.2k NOK (+49.2% YoY). Calculated