FirmaIQ
Org.nr 914 307 635 2023 → 2024 Year-over-year analysis

3M NORGE AS: årsregnskap 2024 vs 2023

Grew 176% on revenue, weaker earnings

approved 2025-05-28; registry 2025-06-30; journal 2025 593935

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for 3M NORGE AS. Revenue 1.01bn NOK → 2.79bn NOK (+175.6%). Net result +94.81m NOK → +30.33m NOK. Equity 127.74m NOK → 153.43m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
1.01bn NOK 2.79bn NOK
+175.6%
Operating result
+116.47m NOK +29.19m NOK
-74.9%
Net result
+94.81m NOK +30.33m NOK
-68.0%
Equity
127.74m NOK 153.43m NOK
+20.1%
Cash
41.17m NOK 68.35m NOK
+66.0%
Total assets
418.44m NOK 312.73m NOK
-25.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.01bn NOK to 2.79bn NOK (+175.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 127.74m NOK → 153.43m NOK (equity ratio 30.5% → 49.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 41.17m NOK → 68.35m NOK (+66.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 2.71×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +116.47m NOK → +29.19m NOK (op. margin 11.5% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +94.81m NOK → +30.33m NOK (net margin 9.4% → 1.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.79bn NOK → 3.68bn NOK (-2.8% YoY). Calculated