Org.nr 914 307 635 2016 → 2017 Year-over-year analysis

3M NORGE AS: årsregnskap 2017 vs 2016

Grew 106333% on revenue

approved 2018-05-23; registry 2018-07-10; journal 2018 661752

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3M NORGE AS. Revenue 648.1k NOK → 689.74m NOK (+106333.0%). Equity 254.7k NOK → 268.57m NOK.

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

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

Scorecard

Revenue
648.1k NOK 689.74m NOK
+106333.0%
Equity
254.7k NOK 268.57m NOK
+105344.0%
Cash
28.92m NOK 29.29m NOK
+1.3%
Total assets
450.5k NOK 483.95m NOK
+107319.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 648.1k NOK to 689.74m NOK (+106333.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 254.7k NOK → 268.57m NOK (equity ratio 56.5% → 55.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.92m NOK → 29.29m NOK (+1.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 4.20×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.12m NOK → 10.12bn NOK (1562% → 1467% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.37m NOK → 5.45bn NOK (+101417.4% YoY). Calculated