AGF AS: årsregnskap 2025 vs 2024
Shrank 36% on revenue, weaker earnings
approved 2026-06-18; registry 2026-07-28; journal 2026 650756
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for AGF AS. Revenue 16.84m NOK → 10.85m NOK (-35.6%). Net result +16.29m NOK → +10.21m NOK. Equity 192.40m NOK → 202.11m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGF AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 192.40m NOK → 202.11m NOK (equity ratio 99.9% → 99.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 16.84m NOK to 10.85m NOK (-35.6% YoY). Calculated
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↓
Operating result weakened
Operating result +16.45m NOK → +10.46m NOK (op. margin 97.7% → 96.4%). Calculated
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↓
Net result weakened
Net result +16.29m NOK → +10.21m NOK (net margin 96.7% → 94.1%). Calculated
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↓
Cash fell
Bank deposits 15.74m NOK → 10.51m NOK (-33.2% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 98.80m NOK → 98.30m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 10.00m NOK → 66.84m NOK. Reported fact