Org.nr 911 169 681 2013 → 2014 Year-over-year analysis

A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-04-29; registry 2015-06-25; journal 2015 513463

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 360.0k NOK → 360.0k NOK (0.0%). Equity 1.18m NOK → -777.2k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi.

Scorecard

Revenue
360.0k NOK 360.0k NOK
0.0%
Operating result
+87.4k NOK -1.83m NOK
-2197.1%
Net result
n/m -1.96m NOK
—
Equity
1.18m NOK -777.2k NOK
-165.7%
Cash
122.0k NOK 1 828 NOK
-98.5%
Total assets
7.11m NOK 5.01m NOK
-29.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +87.4k NOK → -1.83m NOK (op. margin 24.3% → -509.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.18m NOK → -777.2k NOK (equity ratio 16.6% → -15.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 122.0k NOK → 1 828 NOK (-98.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.31m NOK → 2.38m NOK. Reported fact