Org.nr 919 042 885 2022 → 2023 Year-over-year analysis

ABAX INVEST AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-30; registry 2024-10-05; journal 2024 751291

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABAX INVEST AS. Net result -3.50m NOK → -2.01m NOK. Equity 1.59bn NOK → 1.59bn NOK.

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

Revenue
n/m 798.55m NOK
—
Operating result
-127.7k NOK -322.9k NOK
-152.8%
Net result
-3.50m NOK -2.01m NOK
+42.7%
Equity
1.59bn NOK 1.59bn NOK
-0.1%
Cash
265.5k NOK 973.0k NOK
+266.4%
Total assets
2.04bn NOK 2.08bn NOK
+1.7%

What improved

  • ↑

    Net result improved

    Net result -3.50m NOK → -2.01m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 265.5k NOK → 973.0k NOK (+266.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -127.7k NOK → -322.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.59bn NOK → 1.59bn NOK (equity ratio 77.9% → 76.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

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

  • ·

    Book investments changed

    Investment / intangible book value 1.99bn NOK → 2.02bn NOK. Reported fact