A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2011 vs 2010
Shrank 11% on revenue
approved 2012-06-12; registry 2012-08-09; journal 2012 596397
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 621.1k NOK → 550.0k NOK (-11.4%). Equity 1.04m NOK → 1.04m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
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
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↑
Equity strengthened
Book equity 1.04m NOK → 1.04m NOK (equity ratio 14.0% → 16.5%). Calculated
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↑
Cash rose
Bank deposits 295.8k NOK → 368.5k NOK (+24.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 621.1k NOK to 550.0k NOK (-11.4% YoY). Calculated
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↓
Operating result weakened
Operating result +294.8k NOK → +82.8k NOK (op. margin 47.5% → 15.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 61.6k NOK → 269.3k NOK (10% → 49% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.05m NOK → 2.19m NOK. Reported fact