ABRAXAS AS: årsregnskap 2001 vs 2000
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ABRAXAS AS. Net result +120.0k NOK → -40.5k NOK. Equity 2 732 NOK → -157.7k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABRAXAS AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +7 NOK → -16.7k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 120.0k NOK profit to a loss of 40.5k NOK. Calculated
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↓
Equity eroded
Book equity 2 732 NOK → -157.7k NOK (equity ratio 0.3% → -19.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 830.7k NOK → 1 NOK. Reported fact