AGF-ART AS: årsregnskap 2024 vs 2023
Grew 6% on revenue
approved 2025-01-19; registry 2025-01-21; journal 2025 302018
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AGF-ART AS. Revenue 24.5k NOK → 25.9k NOK (+5.5%). Net result -5 991 NOK → -1 494 NOK. Equity 3 131 NOK → 1 637 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGF-ART AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.5k NOK to 25.9k NOK (+5.5% YoY). Calculated
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↑
Operating result improved
Operating result -5 777 NOK → -1 494 NOK (op. margin -23.6% → -5.8%). Calculated
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↑
Net result improved
Net result -5 991 NOK → -1 494 NOK (net margin -24.4% → -5.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3 131 NOK → 1 637 NOK (equity ratio 6.4% → 3.5%). Calculated
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↓
Cash fell
Bank deposits 48.9k NOK → 47.4k NOK (-3.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation