Org.nr 918 965 556 2023 → 2024 Year-over-year analysis

ABAX GROUP AS: årsregnskap 2024 vs 2023

Slipped into loss

approved 2025-04-30; registry 2025-08-12; journal 2025 723235

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABAX GROUP AS. Revenue 798.5k NOK → 819.7k NOK (+2.6%). Net result +95.12m NOK → -192.30m NOK. Equity 2.18bn NOK → 2.18bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABAX GROUP AS.

Scorecard

Revenue
798.5k NOK 819.7k NOK
+2.6%
Operating result
-5.33m NOK -47.84m NOK
-797.4%
Net result
+95.12m NOK -192.30m NOK
-302.2%
Equity
2.18bn NOK 2.18bn NOK
+0.3%
Cash
2 052 NOK 31.6k NOK
+1440.6%
Total assets
3.05bn NOK 3.05bn NOK
+0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 798.5k NOK to 819.7k NOK (+2.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.18bn NOK → 2.18bn NOK (equity ratio 71.5% → 71.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 052 NOK → 31.6k NOK (+1440.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5.33m NOK → -47.84m NOK (op. margin -667.5% → -5836.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 95.12m NOK profit to a loss of 192.30m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.95bn NOK → 2.83bn NOK. Reported fact