FirmaIQ
Org.nr 992 621 648 2013 → 2014 Year-over-year analysis

AGS FORSIKRING AS: årsregnskap 2014 vs 2013

Shrank 22% on revenue, stronger earnings

approved 2015-07-03; registry 2015-09-05; journal 2015 786302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AGS FORSIKRING AS. Revenue 7.90m NOK → 6.15m NOK (-22.1%). Net result +227.2k NOK → +278.6k NOK. Equity 1.57m NOK → 1.70m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
7.90m NOK 6.15m NOK
-22.1%
Operating result
+344.6k NOK n/m
—
Net result
+227.2k NOK +278.6k NOK
+22.6%
Equity
1.57m NOK 1.70m NOK
+8.2%
Cash
892.4k NOK 1.34m NOK
+50.1%
Total assets
2.66m NOK 2.40m NOK
-9.9%

What improved

  • ↑

    Net result improved

    Net result +227.2k NOK → +278.6k NOK (net margin 2.9% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.57m NOK → 1.70m NOK (equity ratio 59.1% → 71.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 892.4k NOK → 1.34m NOK (+50.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.70m NOK → 3.84m NOK (60% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.90m NOK to 6.15m NOK (-22.1% YoY). Calculated