FirmaIQ
Org.nr 914 307 635 2002 → 2003 Year-over-year analysis

3M NORGE AS: årsregnskap 2003 vs 2002

Shrank 7% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for 3M NORGE AS. Revenue 496.9k NOK → 462.6k NOK (-6.9%). Net result +31.2k NOK → +47.9k NOK. Equity 310.4k NOK → 363.9k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
496.9k NOK 462.6k NOK
-6.9%
Operating result
+44.1k NOK +48.9k NOK
+10.7%
Net result
+31.2k NOK +47.9k NOK
+53.5%
Equity
310.4k NOK 363.9k NOK
+17.2%
Total assets
362.0k NOK 429.6k NOK
+18.7%

What improved

  • ↑

    Operating result improved

    Operating result +44.1k NOK → +48.9k NOK (op. margin 8.9% → 10.6%). Calculated

  • ↑

    Net result improved

    Net result +31.2k NOK → +47.9k NOK (net margin 6.3% → 10.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 310.4k NOK → 363.9k NOK (equity ratio 85.7% → 84.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 496.9k NOK to 462.6k NOK (-6.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -255.4k NOK → -227.6k NOK (+10.8% YoY). Calculated