3M NORGE AS: årsregnskap 2007 vs 2006
Grew 6% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 3M NORGE AS. Revenue 531.5k NOK → 563.6k NOK (+6.0%). Net result +43.7k NOK → +82.4k NOK. Equity 478.0k NOK → 539.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3M NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 531.5k NOK to 563.6k NOK (+6.0% YoY). Calculated
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Operating result improved
Operating result +56.4k NOK → +98.7k NOK (op. margin 10.6% → 17.5%). Calculated
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Net result improved
Net result +43.7k NOK → +82.4k NOK (net margin 8.2% → 14.6%). Calculated
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Equity strengthened
Book equity 478.0k NOK → 539.5k NOK (equity ratio 83.1% → 83.8%). Calculated
Things to notice
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Payroll increased
Salary cost 19.10m NOK → 118.81m NOK (3594% → 21081% of revenue). Calculated
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COGS moved
COGS / varekostnad 286.6k NOK → 296.1k NOK (+3.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 3 NOK → 460.0k NOK. Reported fact