Org.nr 931 980 211 2023 → 2024 Year-over-year analysis

AGY AS: årsregnskap 2024 vs 2023

Shrank 60% on revenue, slipped into loss

approved 2025-06-19; registry 2025-06-25; journal 2025 571084

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGY AS. Revenue 506.2k NOK → 200.0k NOK (-60.5%). Net result +83.9k NOK → -28.2k NOK. Equity 113.9k NOK → 85.7k 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
506.2k NOK 200.0k NOK
-60.5%
Operating result
+107.5k NOK -29.0k NOK
-127.0%
Net result
+83.9k NOK -28.2k NOK
-133.6%
Equity
113.9k NOK 85.7k NOK
-24.7%
Cash
86.1k NOK 117.8k NOK
+36.8%
Total assets
214.3k NOK 229.3k NOK
+7.0%

What improved

  • ↑

    Cash rose

    Bank deposits 86.1k NOK → 117.8k NOK (+36.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 506.2k NOK to 200.0k NOK (-60.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +107.5k NOK → -29.0k NOK (op. margin 21.2% → -14.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 83.9k NOK profit to a loss of 28.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 113.9k NOK → 85.7k NOK (equity ratio 53.2% → 37.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.21m NOK → 2.86m NOK (437% → 1428% of revenue). Calculated