Org.nr 933 211 738 2024 → 2025 Year-over-year analysis

3S SALG AS: årsregnskap 2025 vs 2024

Grew 37% on revenue, weaker earnings

approved 2026-06-17; registry 2026-07-21; journal 2026 699078

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 3S SALG AS. Revenue 81.5k NOK → 111.8k NOK (+37.1%). Net result -36.7k NOK → -48.0k NOK. Equity 3 751 NOK → -44.2k NOK.

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

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

Scorecard

Revenue
81.5k NOK 111.8k NOK
+37.1%
Operating result
-36.8k NOK -48.5k NOK
-31.7%
Net result
-36.7k NOK -48.0k NOK
-30.6%
Equity
3 751 NOK -44.2k NOK
-1279.6%
Cash
19.1k NOK 24.2k NOK
+27.0%
Total assets
19.3k NOK 24.2k NOK
+25.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 81.5k NOK to 111.8k NOK (+37.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 19.1k NOK → 24.2k NOK (+27.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -36.8k NOK → -48.5k NOK (op. margin -45.1% → -43.4%). Calculated

  • ↓

    Net result weakened

    Net result -36.7k NOK → -48.0k NOK (net margin -45.1% → -42.9%). Calculated

  • ↓

    Equity eroded

    Book equity 3 751 NOK → -44.2k NOK (equity ratio 19.5% → -182.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.24× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -182.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 56.0k NOK → 68.6k NOK (+22.6% YoY). Calculated