FirmaIQ
Org.nr 992 621 648 2012 → 2013 Year-over-year analysis

AGS FORSIKRING AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-06-26; registry 2014-07-02; journal 2014 534551

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGS FORSIKRING AS. Revenue 7.85m NOK → 7.90m NOK (+0.6%). Net result +615.2k NOK → +227.2k NOK. Equity 345.6k NOK → 1.57m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGS FORSIKRING AS.

At a glance

Scorecard

Revenue
7.85m NOK 7.90m NOK
+0.6%
Operating result
+877.9k NOK +344.6k NOK
-60.7%
Net result
+615.2k NOK +227.2k NOK
-63.1%
Equity
345.6k NOK 1.57m NOK
+355.1%
Cash
667.6k NOK 892.4k NOK
+33.7%
Total assets
2.11m NOK 2.66m NOK
+25.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.85m NOK to 7.90m NOK (+0.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 345.6k NOK → 1.57m NOK (equity ratio 16.3% → 59.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 667.6k NOK → 892.4k NOK (+33.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +877.9k NOK → +344.6k NOK (op. margin 11.2% → 4.4%). Calculated

  • ↓

    Net result weakened

    Net result +615.2k NOK → +227.2k NOK (net margin 7.8% → 2.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.57m NOK → 4.70m NOK (58% → 60% of revenue). Calculated