Org.nr 932 580 438 2024 → 2025 Year-over-year analysis

3 BIRDS AS: årsregnskap 2025 vs 2024

Cash halved-plus

approved 2026-05-27; registry 2026-06-15; journal 2026 543713

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 3 BIRDS AS. Net result -128.7k NOK → -111.2k NOK. Equity -104.3k NOK → -215.5k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3 BIRDS AS.

Scorecard

Revenue
n/m 446.0k NOK
—
Operating result
-101.6k NOK -89.9k NOK
+11.5%
Net result
-128.7k NOK -111.2k NOK
+13.6%
Equity
-104.3k NOK -215.5k NOK
-106.6%
Cash
288.4k NOK 18.3k NOK
-93.7%
Total assets
1.06m NOK 1.11m NOK
+4.8%

What improved

  • ↑

    Operating result improved

    Operating result -101.6k NOK → -89.9k NOK. Calculated

  • ↑

    Net result improved

    Net result -128.7k NOK → -111.2k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -104.3k NOK → -215.5k NOK (equity ratio -9.8% → -19.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 288.4k NOK → 18.3k NOK (-93.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.12× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation