FirmaIQ
Org.nr 911 169 681 2002 → 2003 Year-over-year analysis

A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2003 vs 2002

Grew 115059% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 469 NOK → 540.1k NOK (+115058.6%). Net result +76.4k NOK → +205.1k NOK. Equity -254.6k NOK → -49.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: 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

Revenue
469 NOK 540.1k NOK
+115058.6%
Operating result
+348.3k NOK +431.2k NOK
+23.8%
Net result
+76.4k NOK +205.1k NOK
+168.7%
Equity
-254.6k NOK -49.5k NOK
+80.6%
Total assets
3.08m NOK 3.54m NOK
+14.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 469 NOK to 540.1k NOK (+115058.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +348.3k NOK → +431.2k NOK (op. margin 74257.1% → 79.8%). Calculated

  • ↑

    Net result improved

    Net result +76.4k NOK → +205.1k NOK (net margin 16281.0% → 38.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -254.6k NOK → -49.5k NOK (equity ratio -8.3% → -1.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 100 NOK → 1.95m NOK. Reported fact