FirmaIQ
Org.nr 914 307 635 2003 → 2004 Year-over-year analysis

3M NORGE AS: årsregnskap 2004 vs 2003

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 3M NORGE AS. Revenue 462.6k NOK → 473.6k NOK (+2.4%). Net result +47.9k NOK → +29.3k NOK. Equity 363.9k NOK → 393.2k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
462.6k NOK 473.6k NOK
+2.4%
Operating result
+48.9k NOK +40.8k NOK
-16.4%
Net result
+47.9k NOK +29.3k NOK
-38.8%
Equity
363.9k NOK 393.2k NOK
+8.1%
Total assets
429.6k NOK 472.1k NOK
+9.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 462.6k NOK to 473.6k NOK (+2.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 363.9k NOK → 393.2k NOK (equity ratio 84.7% → 83.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +48.9k NOK → +40.8k NOK (op. margin 10.6% → 8.6%). Calculated

  • ↓

    Net result weakened

    Net result +47.9k NOK → +29.3k NOK (net margin 10.4% → 6.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad -227.6k NOK → 244.2k NOK (+207.3% YoY). Calculated