Org.nr 911 169 681 2020 → 2021 Year-over-year analysis

A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi: årsregnskap 2021 vs 2020

Shrank 100% on revenue, returned to profit

approved 2022-06-27; registry 2022-06-30; journal 2022 546065

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Den Norske Metallpakningsfabrikk & Vestlandske Kunst- og Metallstøperi. Revenue 287.5k NOK → 300 NOK (-99.9%). Net result -36.3k NOK → +56.7k NOK. Equity -1.40m NOK → -1.34m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

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
287.5k NOK 300 NOK
-99.9%
Operating result
+203.3k NOK +258.0k NOK
+26.9%
Net result
-36.3k NOK +56.7k NOK
+256.3%
Equity
-1.40m NOK -1.34m NOK
+4.0%
Cash
42.9k NOK 69.9k NOK
+62.9%
Total assets
4.57m NOK 4.65m NOK
+1.9%

What improved

  • ↑

    Operating result improved

    Operating result +203.3k NOK → +258.0k NOK (op. margin 70.7% → 86001.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 36.3k NOK to a profit of 56.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.40m NOK → -1.34m NOK (equity ratio -30.7% → -28.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 42.9k NOK → 69.9k NOK (+62.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 287.5k NOK to 300 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.05m NOK → 2.16m NOK. Reported fact