Org.nr 922 754 160 2023 → 2024 Year-over-year analysis

3 PIKER AS: årsregnskap 2024 vs 2023

Shrank 25% on revenue, stronger earnings

approved 2025-05-13; registry 2025-05-14; journal 2025 432981

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 3 PIKER AS. Revenue 3.04m NOK → 2.28m NOK (-25.1%). Net result -426.2k NOK → -53.2k NOK. Equity -329.2k NOK → -382.4k NOK.

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

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

Scorecard

Revenue
3.04m NOK 2.28m NOK
-25.1%
Operating result
-387.7k NOK -33.0k NOK
+91.5%
Net result
-426.2k NOK -53.2k NOK
+87.5%
Equity
-329.2k NOK -382.4k NOK
-16.2%
Cash
185.6k NOK 343.3k NOK
+85.0%
Total assets
765.4k NOK 704.8k NOK
-7.9%

What improved

  • ↑

    Operating result improved

    Operating result -387.7k NOK → -33.0k NOK (op. margin -12.8% → -1.5%). Calculated

  • ↑

    Net result improved

    Net result -426.2k NOK → -53.2k NOK (net margin -14.0% → -2.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 185.6k NOK → 343.3k NOK (+85.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.77× → 44.67×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.84m NOK → 500.0k NOK (60% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.04m NOK to 2.28m NOK (-25.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -329.2k NOK → -382.4k NOK (equity ratio -43.0% → -54.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -54.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.44m NOK → 1.22m NOK (-15.4% YoY). Calculated