FirmaIQ
Org.nr 918 431 985 2022 → 2023 Year-over-year analysis

3M BUTIKKDRIFT AS: årsregnskap 2023 vs 2022

Grew 14% on revenue, cash halved-plus

approved 2024-03-31; registry 2024-04-10; journal 2024 351870

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3M BUTIKKDRIFT AS. Revenue 1.82m NOK → 2.07m NOK (+13.6%). Net result +304.5k NOK → +363.4k NOK. Equity 419.1k NOK → 744.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
1.82m NOK 2.07m NOK
+13.6%
Operating result
+390.4k NOK +466.2k NOK
+19.4%
Net result
+304.5k NOK +363.4k NOK
+19.3%
Equity
419.1k NOK 744.4k NOK
+77.6%
Cash
914.6k NOK 184.4k NOK
-79.8%
Total assets
1 189 NOK 1.22m NOK
+102800.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.82m NOK to 2.07m NOK (+13.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +390.4k NOK → +466.2k NOK (op. margin 21.4% → 22.5%). Calculated

  • ↑

    Net result improved

    Net result +304.5k NOK → +363.4k NOK (net margin 16.7% → 17.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 419.1k NOK → 744.4k NOK (equity ratio 35247.8% → 60.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.25× → 2.52×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 914.6k NOK → 184.4k NOK (-79.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 667.6k NOK → 874.5k NOK (+31.0% YoY). Calculated