Org.nr 989 005 596 2023 → 2024 Year-over-year analysis

AGS HOLDING AS: årsregnskap 2024 vs 2023

Shrank 90% on revenue, slipped into loss

registry 2025-07-17; journal 2025 672803

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGS HOLDING AS. Revenue 672.5k NOK → 68.9k NOK (-89.7%). Net result +3.54m NOK → -2.40m NOK. Equity 70.07m NOK → 66.67m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
672.5k NOK 68.9k NOK
-89.7%
Operating result
-1.89m NOK -2.25m NOK
-19.2%
Net result
+3.54m NOK -2.40m NOK
-167.7%
Equity
70.07m NOK 66.67m NOK
-4.9%
Cash
5.07m NOK 16.60m NOK
+227.3%
Total assets
91.43m NOK 129.31m NOK
+41.4%

What improved

  • ↑

    Cash rose

    Bank deposits 5.07m NOK → 16.60m NOK (+227.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 672.5k NOK to 68.9k NOK (-89.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.89m NOK → -2.25m NOK (op. margin -281.0% → -3268.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.54m NOK profit to a loss of 2.40m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 70.07m NOK → 66.67m NOK (equity ratio 76.6% → 51.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 10.58× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated