3ELEMENT AS: årsregnskap 2024 vs 2023
Shrank 54% on revenue
approved 2025-02-25; registry 2025-05-21; journal 2025 450467
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 3ELEMENT AS. Revenue 1.83m NOK → 839.6k NOK (-54.0%). Net result -321.7k NOK → -271.6k NOK. Equity -791.2k NOK → -1.06m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 3ELEMENT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -206.4k NOK → -112.7k NOK (op. margin -11.3% → -13.4%). Calculated
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↑
Net result improved
Net result -321.7k NOK → -271.6k NOK (net margin -17.6% → -32.3%). Calculated
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Cash rose
Bank deposits 49.6k NOK → 81.8k NOK (+64.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.83m NOK to 839.6k NOK (-54.0% YoY). Calculated
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↓
Equity eroded
Book equity -791.2k NOK → -1.06m NOK (equity ratio -35.9% → -48.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.13m NOK → 1.61m NOK (62% → 192% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -48.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 463.1k NOK → 12.0k NOK (-97.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact