A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2009 vs 2008
Shrank 22% on revenue, weaker earnings
approved 2010-08-30; registry 2010-09-04; journal 2010 704306
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 602.4k NOK → 471.0k NOK (-21.8%). Net result +167.9k NOK → +115.0k NOK. Equity 1 113 NOK → 1.23m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
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
What improved
-
↑
Equity strengthened
Book equity 1 113 NOK → 1.23m NOK (equity ratio 0.0% → 16.2%). Calculated
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↑
Cash rose
Bank deposits 1 185 NOK → 620.5k NOK (+52258.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 602.4k NOK to 471.0k NOK (-21.8% YoY). Calculated
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↓
Operating result weakened
Operating result +444.6k NOK → +335.7k NOK (op. margin 73.8% → 71.3%). Calculated
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↓
Net result weakened
Net result +167.9k NOK → +115.0k NOK (net margin 27.9% → 24.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.92m NOK → 2.00m NOK. Reported fact