FirmaIQ
Org.nr 914 307 635 2010 → 2011 Year-over-year analysis

3M NORGE AS: årsregnskap 2011 vs 2010

Grew 103313% on revenue

approved 2012-05-25; registry 2012-09-06; journal 2012 725328

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3M NORGE AS. Revenue 583.5k NOK → 603.41m NOK (+103312.9%). Net result +40.64m NOK → +42.18m NOK. Equity 189.75m NOK → 195.94m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
583.5k NOK 603.41m NOK
+103312.9%
Operating result
+54.86m NOK n/m
—
Net result
+40.64m NOK +42.18m NOK
+3.8%
Equity
189.75m NOK 195.94m NOK
+3.3%
Cash
44.31m NOK 32.21m NOK
-27.3%
Total assets
330.32m NOK 373.01m NOK
+12.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 583.5k NOK to 603.41m NOK (+103312.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 189.75m NOK → 195.94m NOK (equity ratio 57.4% → 52.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 44.31m NOK → 32.21m NOK (-27.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.10bn NOK → 10.11bn NOK (1731126% → 1675% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 325.68m NOK → 329.96m NOK (+1.3% YoY). Calculated