A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 1998 vs 1997
Grew 54% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 1.30m NOK → 2.00m NOK (+54.0%). Net result +618.6k NOK → +353.4k NOK. Equity -528.7k NOK → 204.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.30m NOK to 2.00m NOK (+54.0% YoY). Calculated
-
↑
Equity strengthened
Book equity -528.7k NOK → 204.7k NOK (equity ratio -38.5% → 10.1%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +647.2k NOK → +437.2k NOK (op. margin 49.9% → 21.9%). Calculated
-
↓
Net result weakened
Net result +618.6k NOK → +353.4k NOK (net margin 47.7% → 17.7%). Calculated