3BY3 NORWAY AS: årsregnskap 2024 vs 2023
Shrank 38% on revenue, cash halved-plus
approved 2025-02-28; registry 2025-08-16; journal 2025 747324
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 3BY3 NORWAY AS. Revenue 324.6k NOK → 202.0k NOK (-37.8%). Net result -15.5k NOK → -21.7k NOK. Equity 14.5k NOK → -7 253 NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3BY3 NORWAY AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 11.6k NOK → 2 200 NOK (4% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 324.6k NOK to 202.0k NOK (-37.8% YoY). Calculated
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↓
Operating result weakened
Operating result -19.9k NOK → -27.6k NOK (op. margin -6.1% → -13.6%). Calculated
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↓
Net result weakened
Net result -15.5k NOK → -21.7k NOK (net margin -4.8% → -10.8%). Calculated
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↓
Equity eroded
Book equity 14.5k NOK → -7 253 NOK (equity ratio 44.6% → -10.1%). Calculated
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↓
Cash fell
Bank deposits 28.1k NOK → 7 976 NOK (-71.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 77.4k NOK → 30.2k NOK (-61.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 53.0k NOK. Reported fact