Org.nr 993 995 614 2023 → 2024 Year-over-year analysis

3 NORSKE AS: årsregnskap 2024 vs 2023

Grew 12% on revenue, stronger earnings, cash halved-plus

approved 2025-07-04; registry 2025-08-12; journal 2025 731427

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 3 NORSKE AS. Revenue 258 NOK → 290 NOK (+12.4%). Net result -19.63m NOK → -9.39m NOK. Equity 85.31m NOK → 63.89m NOK.

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

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3 NORSKE AS.

Scorecard

Revenue
258 NOK 290 NOK
+12.4%
Operating result
-1.12m NOK +56.0k NOK
+105.0%
Net result
-19.63m NOK -9.39m NOK
+52.1%
Equity
85.31m NOK 63.89m NOK
-25.1%
Cash
2.06m NOK 125.0k NOK
-93.9%
Total assets
341.82m NOK 330.71m NOK
-3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 258 NOK to 290 NOK (+12.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.12m NOK → +56.0k NOK (op. margin -432945.7% → 19310.3%). Calculated

  • ↑

    Net result improved

    Net result -19.63m NOK → -9.39m NOK (net margin -7607751.9% → -3239655.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 85.31m NOK → 63.89m NOK (equity ratio 25.0% → 19.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.06m NOK → 125.0k NOK (-93.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.06m NOK → 125.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 341.19m NOK → 238.0k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 228.36m NOK → 37.0k NOK. Reported fact