Org.nr 918 275 010 2023 → 2024 Year-over-year analysis

3 N SUPPORT AS: årsregnskap 2024 vs 2023

Grew 37% on revenue, weaker earnings

approved 2025-06-30; registry 2025-08-04; journal 2025 731284

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 3 N SUPPORT AS. Revenue 19.56m NOK → 26.76m NOK (+36.8%). Net result -157.4k NOK → -8.70m NOK. Equity -386.1k NOK → -9.09m NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3 N SUPPORT AS.

Scorecard

Revenue
19.56m NOK 26.76m NOK
+36.8%
Operating result
+440.9k NOK -7.70m NOK
-1847.2%
Net result
-157.4k NOK -8.70m NOK
-5428.4%
Equity
-386.1k NOK -9.09m NOK
-2254.2%
Cash
456.7k NOK 698.7k NOK
+53.0%
Total assets
16.92m NOK 19.30m NOK
+14.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.56m NOK to 26.76m NOK (+36.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 456.7k NOK → 698.7k NOK (+53.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +440.9k NOK → -7.70m NOK (op. margin 2.3% → -28.8%). Calculated

  • ↓

    Net result weakened

    Net result -157.4k NOK → -8.70m NOK (net margin -0.8% → -32.5%). Calculated

  • ↓

    Equity eroded

    Book equity -386.1k NOK → -9.09m NOK (equity ratio -2.3% → -47.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -47.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 14.05m NOK → 17.59m NOK (72% → 66% of revenue). Calculated