Org.nr 914 307 635 2004 → 2005 Year-over-year analysis

3M NORGE AS: årsregnskap 2005 vs 2004

Stronger earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
473.6k NOK 477.1k NOK
+0.7%
Operating result
+40.8k NOK +55.6k NOK
+36.2%
Net result
+29.3k NOK +41.1k NOK
+40.2%
Equity
393.2k NOK 434.3k NOK
+10.5%
Total assets
472.1k NOK 521.9k NOK
+10.5%

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