FirmaIQ
Org.nr 998 204 267 2022 → 2023 Year-over-year analysis

ABAX TECHNOLOGY AS: årsregnskap 2023 vs 2022

Shrank 15% on revenue, slipped into loss, fresh owner capital

approved 2024-04-30; registry 2024-07-30; journal 2024 687566

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABAX TECHNOLOGY AS. Revenue 29.57m NOK → 25.09m NOK (-15.1%). Net result +3.93m NOK → -3.95m NOK. Equity 9.73m NOK → 13.55m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
29.57m NOK 25.09m NOK
-15.1%
Operating result
+4.23m NOK -3.57m NOK
-184.3%
Net result
+3.93m NOK -3.95m NOK
-200.5%
Equity
9.73m NOK 13.55m NOK
+39.3%
Cash
74.0k NOK n/m
—
Total assets
80.72m NOK 91.25m NOK
+13.1%

What improved

  • ↑

    Equity strengthened

    Book equity 9.73m NOK → 13.55m NOK (equity ratio 12.1% → 14.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.01m NOK → 8.78m NOK (+7.77m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.57m NOK to 25.09m NOK (-15.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.23m NOK → -3.57m NOK (op. margin 14.3% → -14.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.93m NOK profit to a loss of 3.95m NOK. Calculated