AGP INVESTMENTS AS: årsregnskap 2024 vs 2023
Shrank 15% on revenue, weaker earnings, cash halved-plus
approved 2025-06-30; registry 2025-08-04; journal 2025 739979
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AGP INVESTMENTS AS. Revenue 1.05m NOK → 892.9k NOK (-14.7%). Net result +126.8k NOK → +38.5k NOK. Equity -39.9k NOK → -171.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGP INVESTMENTS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 325.8k NOK → 263.4k NOK (31% → 29% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.05m NOK to 892.9k NOK (-14.7% YoY). Calculated
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↓
Operating result weakened
Operating result +154.1k NOK → +51.1k NOK (op. margin 14.7% → 5.7%). Calculated
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↓
Net result weakened
Net result +126.8k NOK → +38.5k NOK (net margin 12.1% → 4.3%). Calculated
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↓
Equity eroded
Book equity -39.9k NOK → -171.3k NOK (equity ratio -8.1% → -103.9%). Calculated
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↓
Cash fell
Bank deposits 179.9k NOK → 3 323 NOK (-98.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -103.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 10.5k NOK → 12.7k NOK. Reported fact