FirmaIQ
Org.nr 914 307 635 2021 → 2022 Year-over-year analysis

3M NORGE AS: årsregnskap 2022 vs 2021

Grew 9% on revenue, weaker earnings

approved 2023-05-31; registry 2023-07-18; journal 2023 587532

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 3M NORGE AS. Revenue 842.93m NOK → 917.71m NOK (+8.9%). Net result +19.26m NOK → +6.68m NOK. Equity 99.88m NOK → 124.64m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; 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
842.93m NOK 917.71m NOK
+8.9%
Operating result
+24.66m NOK +3.93m NOK
-84.1%
Net result
+19.26m NOK +6.68m NOK
-65.3%
Equity
99.88m NOK 124.64m NOK
+24.8%
Cash
36.57m NOK 36.01m NOK
-1.5%
Total assets
361.05m NOK 359.67m NOK
-0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 842.93m NOK to 917.71m NOK (+8.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 99.88m NOK → 124.64m NOK (equity ratio 27.7% → 34.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +24.66m NOK → +3.93m NOK (op. margin 2.9% → 0.4%). Calculated

  • ↓

    Net result weakened

    Net result +19.26m NOK → +6.68m NOK (net margin 2.3% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.57m NOK → 36.01m NOK (-1.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 92.27m NOK → 12.10bn NOK (11% → 1318% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.69bn NOK → 3.77bn NOK (+2.4% YoY). Calculated