3M NORGE AS: årsregnskap 2005 vs 2004
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for 3M NORGE AS. Revenue 473.6k NOK → 477.1k NOK (+0.7%). Net result +29.3k NOK → +41.1k NOK. Equity 393.2k NOK → 434.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3M NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 473.6k NOK to 477.1k NOK (+0.7% YoY). Calculated
-
↑
Operating result improved
Operating result +40.8k NOK → +55.6k NOK (op. margin 8.6% → 11.7%). Calculated
-
↑
Net result improved
Net result +29.3k NOK → +41.1k NOK (net margin 6.2% → 8.6%). Calculated
-
↑
Equity strengthened
Book equity 393.2k NOK → 434.3k NOK (equity ratio 83.3% → 83.2%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 244.2k NOK → 236.0k NOK (-3.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 347.5k NOK. Reported fact