Org.nr 919 042 885 2023 → 2024 Year-over-year analysis

ABAX INVEST AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2025-06-30; registry 2025-08-12; journal 2025 723237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABAX INVEST AS. Revenue 798.55m NOK → 819.7k NOK (-99.9%). Net result -2.01m NOK → -1.22m NOK. Equity 1.59bn NOK → 1.59bn NOK.

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

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
798.55m NOK 819.7k NOK
-99.9%
Operating result
-322.9k NOK -114.4k NOK
+64.6%
Net result
-2.01m NOK -1.22m NOK
+39.2%
Equity
1.59bn NOK 1.59bn NOK
-0.3%
Cash
973.0k NOK 202.7k NOK
-79.2%
Total assets
2.08bn NOK 2.11bn NOK
+1.6%

What improved

  • ↑

    Operating result improved

    Operating result -322.9k NOK → -114.4k NOK (op. margin -0.0% → -14.0%). Calculated

  • ↑

    Net result improved

    Net result -2.01m NOK → -1.22m NOK (net margin -0.3% → -148.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 798.55m NOK to 819.7k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.59bn NOK → 1.59bn NOK (equity ratio 76.6% → 75.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 973.0k NOK → 202.7k NOK (-79.2% YoY). 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 2.02bn NOK → 2.05bn NOK. Reported fact