Org.nr 911 169 681 2012 → 2013 Year-over-year analysis

A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2013 vs 2012

Shrank 33% on revenue

approved 2014-06-17; registry 2014-08-25; journal 2014 699009

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 534.5k NOK → 360.0k NOK (-32.6%). Equity 1.21m NOK → 1.18m NOK.

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

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
534.5k NOK 360.0k NOK
-32.6%
Operating result
+267.4k NOK +87.4k NOK
-67.3%
Equity
1.21m NOK 1.18m NOK
-2.2%
Cash
1 987 NOK 122.0k NOK
+6040.7%
Total assets
6.36m NOK 7.11m NOK
+11.8%

What improved

  • ↑

    Cash rose

    Bank deposits 1 987 NOK → 122.0k NOK (+6040.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 126.9k NOK → 76.7k NOK (24% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 534.5k NOK to 360.0k NOK (-32.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +267.4k NOK → +87.4k NOK (op. margin 50.0% → 24.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.21m NOK → 1.18m NOK (equity ratio 19.0% → 16.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.26m NOK → 2.31m NOK. Reported fact