Org.nr 923 831 010 2023 → 2024 Year-over-year analysis

3BL GROUP AS: årsregnskap 2024 vs 2023

Shrank 64% on revenue, cash halved-plus

approved 2025-06-26; registry 2025-06-30; journal 2025 594822

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 3BL GROUP AS. Revenue 1.29m NOK → 463.4k NOK (-64.2%). Net result +198.0k NOK → +177.7k NOK. Equity -471.1k NOK → -293.3k NOK.

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

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

Scorecard

Revenue
1.29m NOK 463.4k NOK
-64.2%
Operating result
+202.4k NOK +180.7k NOK
-10.7%
Net result
+198.0k NOK +177.7k NOK
-10.2%
Equity
-471.1k NOK -293.3k NOK
+37.7%
Cash
196.6k NOK 53.8k NOK
-72.7%
Total assets
319.8k NOK 48.0k NOK
-85.0%

What improved

  • ↑

    Equity strengthened

    Book equity -471.1k NOK → -293.3k NOK (equity ratio -147.3% → -611.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.29m NOK to 463.4k NOK (-64.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +202.4k NOK → +180.7k NOK (op. margin 15.6% → 39.0%). Calculated

  • ↓

    Net result weakened

    Net result +198.0k NOK → +177.7k NOK (net margin 15.3% → 38.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 196.6k NOK → 53.8k NOK (-72.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -611.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 435.5k NOK → 144.8k NOK (-66.8% YoY). Calculated