Org.nr 994 700 111 2023 → 2024 Year-over-year analysis

AGF AS: årsregnskap 2024 vs 2023

Grew 434% on revenue, stronger earnings

approved 2025-06-18; registry 2025-06-28; journal 2025 581839

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGF AS. Revenue 3.15m NOK → 16.84m NOK (+434.3%). Net result +2.64m NOK → +16.29m NOK. Equity 187.11m NOK → 192.40m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGF AS.

Scorecard

Revenue
3.15m NOK 16.84m NOK
+434.3%
Operating result
+2.74m NOK +16.45m NOK
+499.7%
Net result
+2.64m NOK +16.29m NOK
+517.2%
Equity
187.11m NOK 192.40m NOK
+2.8%
Cash
6.51m NOK 15.74m NOK
+141.9%
Total assets
187.23m NOK 192.58m NOK
+2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.15m NOK to 16.84m NOK (+434.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.74m NOK → +16.45m NOK (op. margin 87.0% → 97.7%). Calculated

  • ↑

    Net result improved

    Net result +2.64m NOK → +16.29m NOK (net margin 83.7% → 96.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 187.11m NOK → 192.40m NOK (equity ratio 99.9% → 99.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.51m NOK → 15.74m NOK (+141.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 109.80m NOK → 98.80m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 20.64m NOK → 10.00m NOK. Reported fact