Org.nr 919 042 885 2021 → 2022 Year-over-year analysis

ABAX INVEST AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-06-21; registry 2023-11-09; journal 2023 736768

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABAX INVEST AS. Net result -988.7k NOK → -3.50m NOK. Equity 1.60bn NOK → 1.59bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABAX INVEST AS.

Scorecard

Operating result
-162.4k NOK -127.7k NOK
+21.4%
Net result
-988.7k NOK -3.50m NOK
-254.2%
Equity
1.60bn NOK 1.59bn NOK
-0.2%
Cash
236.8k NOK 265.5k NOK
+12.2%
Total assets
2.00bn NOK 2.04bn NOK
+2.2%

What improved

  • ↑

    Operating result improved

    Operating result -162.4k NOK → -127.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 236.8k NOK → 265.5k NOK (+12.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -988.7k NOK → -3.50m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.60bn NOK → 1.59bn NOK (equity ratio 79.8% → 77.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.60bn NOK → 1.59bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.95bn NOK → 1.99bn NOK. Reported fact