FirmaIQ
Org.nr 914 307 635 2022 → 2023 Year-over-year analysis

3M NORGE AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, stronger earnings

approved 2024-06-19; registry 2024-07-02; journal 2024 560278

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3M NORGE AS. Revenue 917.71m NOK → 1.01bn NOK (+10.5%). Net result +6.68m NOK → +94.81m NOK. Equity 124.64m NOK → 127.74m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
917.71m NOK 1.01bn NOK
+10.5%
Operating result
+3.93m NOK +116.47m NOK
+2863.4%
Net result
+6.68m NOK +94.81m NOK
+1318.9%
Equity
124.64m NOK 127.74m NOK
+2.5%
Cash
36.01m NOK 41.17m NOK
+14.3%
Total assets
359.67m NOK 418.44m NOK
+16.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 917.71m NOK to 1.01bn NOK (+10.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.93m NOK → +116.47m NOK (op. margin 0.4% → 11.5%). Calculated

  • ↑

    Net result improved

    Net result +6.68m NOK → +94.81m NOK (net margin 0.7% → 9.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 124.64m NOK → 127.74m NOK (equity ratio 34.7% → 30.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 36.01m NOK → 41.17m NOK (+14.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.77bn NOK → 3.79bn NOK (+0.4% YoY). Calculated