A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2001 vs 2000
Shrank 7% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 391.1k NOK → 362.0k NOK (-7.4%). Net result +55.5k NOK → -500.4k NOK. Equity 169.5k NOK → -331.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 391.1k NOK to 362.0k NOK (-7.4% YoY). Calculated
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Operating result weakened
Operating result +7.17m NOK → +235.7k NOK (op. margin 1834.4% → 65.1%). Calculated
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Fell into a net loss
Net result flipped from 55.5k NOK profit to a loss of 500.4k NOK. Calculated
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Equity eroded
Book equity 169.5k NOK → -331.0k NOK (equity ratio 6.3% → -16.5%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -16.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 550.0k NOK → 550 NOK. Reported fact