FirmaIQ
Org.nr 924 446 021 2022 → 2023 Year-over-year analysis

3M AUTOSPORT AS: årsregnskap 2023 vs 2022

Grew 134% on revenue, stronger earnings

approved 2024-05-29; registry 2024-06-01; journal 2024 465582

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3M AUTOSPORT AS. Revenue 53.9k NOK → 126.0k NOK (+133.6%). Net result -12.7k NOK → -307 NOK. Equity -53.8k NOK → -54.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3M AUTOSPORT AS.

At a glance

Scorecard

Revenue
53.9k NOK 126.0k NOK
+133.6%
Operating result
-12.7k NOK +3 293 NOK
+125.9%
Net result
-12.7k NOK -307 NOK
+97.6%
Equity
-53.8k NOK -54.1k NOK
-0.6%
Total assets
38.9k NOK 15.0k NOK
-61.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 53.9k NOK to 126.0k NOK (+133.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -12.7k NOK → +3 293 NOK (op. margin -23.6% → 2.6%). Calculated

  • ↑

    Net result improved

    Net result -12.7k NOK → -307 NOK (net margin -23.6% → -0.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -359.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 62.8k NOK → 120.0k NOK (+90.9% YoY). Calculated