Org.nr 972 405 949 2002 → 2003 Year-over-year analysis

ABRAXAS AS: årsregnskap 2003 vs 2002

Stronger earnings, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ABRAXAS AS. Revenue 0 NOK → 197.1k NOK. Net result +62.7k NOK → +349.1k NOK. Equity -95.0k NOK → 8 454 NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRAXAS AS.

Scorecard

Revenue
0 NOK 197.1k NOK
—
Operating result
-5 580 NOK +39.1k NOK
+800.4%
Net result
+62.7k NOK +349.1k NOK
+457.0%
Equity
-95.0k NOK 8 454 NOK
+108.9%
Total assets
830.7k NOK 2 778 NOK
-99.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 197.1k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -5 580 NOK → +39.1k NOK. Calculated

  • ↑

    Net result improved

    Net result +62.7k NOK → +349.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -95.0k NOK → 8 454 NOK (equity ratio -11.4% → 304.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 250.0k NOK (+200.0k NOK). Reported fact

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 25.8k NOK → 512.6k NOK. Reported fact