FirmaIQ
Org.nr 914 307 635 1998 → 1999 Year-over-year analysis

3M NORGE AS: årsregnskap 1999 vs 1998

Grew 1922% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for 3M NORGE AS. Revenue 520.45m NOK → 10.52bn NOK (+1921.9%). Net result +485 NOK → -23.5k NOK. Equity 353.43m NOK → 329.90m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
520.45m NOK 10.52bn NOK
+1921.9%
Operating result
+24.0k NOK -4.31m NOK
-18051.5%
Net result
+485 NOK -23.5k NOK
-4950.5%
Equity
353.43m NOK 329.90m NOK
-6.7%
Total assets
598.73m NOK 580.67m NOK
-3.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 520.45m NOK to 10.52bn NOK (+1921.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +24.0k NOK → -4.31m NOK (op. margin 0.0% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 485 NOK profit to a loss of 23.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 353.43m NOK → 329.90m NOK (equity ratio 59.0% → 56.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad -307.10m NOK → -313.74m NOK (-2.2% YoY). Calculated