FirmaIQ
Org.nr 918 431 985 2019 → 2020 Year-over-year analysis

3M BUTIKKDRIFT AS: årsregnskap 2020 vs 2019

Grew 18% on revenue, stronger earnings

approved 2021-04-21; registry 2021-06-26; journal 2021 475471

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3M BUTIKKDRIFT AS. Revenue 1.43m NOK → 1.68m NOK (+17.6%). Net result +31.3k NOK → +277.0k NOK. Equity 101.2k NOK → 378.2k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3M BUTIKKDRIFT AS.

At a glance

Scorecard

Revenue
1.43m NOK 1.68m NOK
+17.6%
Operating result
+39.9k NOK +355.0k NOK
+789.9%
Net result
+31.3k NOK +277.0k NOK
+785.6%
Equity
101.2k NOK 378.2k NOK
+273.6%
Cash
506.4k NOK 574.4k NOK
+13.4%
Total assets
616.7k NOK 596.7k NOK
-3.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.43m NOK to 1.68m NOK (+17.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +39.9k NOK → +355.0k NOK (op. margin 2.8% → 21.1%). Calculated

  • ↑

    Net result improved

    Net result +31.3k NOK → +277.0k NOK (net margin 2.2% → 16.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 101.2k NOK → 378.2k NOK (equity ratio 16.4% → 63.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 506.4k NOK → 574.4k NOK (+13.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 479.1k NOK → 569.9k NOK (+18.9% YoY). Calculated