Org.nr 911 169 681 2009 → 2010 Year-over-year analysis

A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2010 vs 2009

Grew 32% on revenue, cash halved-plus

approved 2011-06-30; registry 2011-08-18; journal 2011 607387

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 471.0k NOK → 621.1k NOK (+31.9%). Equity 1.23m NOK → 1.04m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.

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.

Scorecard

Revenue
471.0k NOK 621.1k NOK
+31.9%
Operating result
+335.7k NOK +294.8k NOK
-12.2%
Net result
+115.0k NOK n/m
—
Equity
1.23m NOK 1.04m NOK
-15.6%
Cash
620.5k NOK 295.8k NOK
-52.3%
Total assets
7.58m NOK 7.38m NOK
-2.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 471.0k NOK to 621.1k NOK (+31.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +335.7k NOK → +294.8k NOK (op. margin 71.3% → 47.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.23m NOK → 1.04m NOK (equity ratio 16.2% → 14.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 620.5k NOK → 295.8k NOK (-52.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.00m NOK → 2.05m NOK. Reported fact