AGM GULV OG SERVICE AS: årsregnskap 2024 vs 2023
Shrank 5% on revenue, weaker earnings, cash halved-plus
approved 2025-07-01; registry 2025-07-03; journal 2025 631014
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AGM GULV OG SERVICE AS. Revenue 1.71m NOK → 1.62m NOK (-5.0%). Net result -80.0k NOK → -193.2k NOK. Equity 52.0k NOK → -141.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGM GULV OG SERVICE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.71m NOK to 1.62m NOK (-5.0% YoY). Calculated
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↓
Operating result weakened
Operating result -66.4k NOK → -162.8k NOK (op. margin -3.9% → -10.0%). Calculated
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↓
Net result weakened
Net result -80.0k NOK → -193.2k NOK (net margin -4.7% → -11.9%). Calculated
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↓
Equity eroded
Book equity 52.0k NOK → -141.2k NOK (equity ratio 13.4% → -32.2%). Calculated
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↓
Cash fell
Bank deposits 150.4k NOK → 3 003 NOK (-98.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -32.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 248.2k NOK → 154.1k NOK (-37.9% YoY). Calculated