A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2018 vs 2017
Shrank 100% on revenue, stronger earnings
approved 2019-05-15; registry 2019-06-06; journal 2019 386150
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 360.0k NOK → 378 NOK (-99.9%). Net result -1.48m NOK → -26.7k NOK. Equity -1.22m NOK → -1.25m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.32m NOK → +177.6k NOK (op. margin -366.9% → 46992.9%). Calculated
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↑
Net result improved
Net result -1.48m NOK → -26.7k NOK (net margin -410.6% → -7072.8%). Calculated
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↑
Cash rose
Bank deposits 9 468 NOK → 33.2k NOK (+250.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 21.33×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 360.0k NOK to 378 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity -1.22m NOK → -1.25m NOK (equity ratio -33.9% → -29.8%). Calculated