3T SOLSIDEN AS: årsregnskap 2024 vs 2023
Weaker earnings
approved 2025-06-10; registry 2025-07-01; journal 2025 598704
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 3T SOLSIDEN AS. Revenue 22.34m NOK → 23.11m NOK (+3.5%). Net result +2.60m NOK → +1.72m NOK. Equity 295.1k NOK → 274.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for 3T SOLSIDEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 22.34m NOK to 23.11m NOK (+3.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +3.22m NOK → +2.17m NOK (op. margin 14.4% → 9.4%). Calculated
-
↓
Net result weakened
Net result +2.60m NOK → +1.72m NOK (net margin 11.6% → 7.4%). Calculated
-
↓
Equity eroded
Book equity 295.1k NOK → 274.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 270.4k NOK → 260.1k NOK (-3.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 295.1k NOK → 274.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 7.37m NOK → 7.60m NOK (33% → 33% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 539.6k NOK → 387.9k NOK (-28.1% YoY). Calculated