A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-16; registry 2021-06-17; journal 2021 337955
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 288.0k NOK → 287.5k NOK (-0.2%). Net result -114.4k NOK → -36.3k NOK. Equity -1.36m NOK → -1.40m 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
-
↑
Operating result improved
Operating result +110.1k NOK → +203.3k NOK (op. margin 38.2% → 70.7%). Calculated
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↑
Net result improved
Net result -114.4k NOK → -36.3k NOK (net margin -39.7% → -12.6%). Calculated
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↑
Cash rose
Bank deposits 891 NOK → 42.9k NOK (+4713.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 54.2k NOK → -10.4k NOK (19% → -4% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 288.0k NOK to 287.5k NOK (-0.2% YoY). Calculated
-
↓
Equity eroded
Book equity -1.36m NOK → -1.40m NOK (equity ratio -31.6% → -30.7%). Calculated