ABRAXAS AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-06-21; registry 2021-07-12; journal 2021 472347
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABRAXAS AS. Net result +9.20m NOK → +15.24m NOK. Equity 13.53m NOK → 25.02m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
Operating result
-181.6k NOK
-170.5k NOK
+6.1%
Net result
+9.20m NOK
+15.24m NOK
+65.8%
Equity
13.53m NOK
25.02m NOK
+85.0%
Cash
1.77m NOK
1.99m NOK
+12.2%
Total assets
16.44m NOK
28.96m NOK
+76.2%
What improved
-
↑
Operating result improved
Operating result -181.6k NOK → -170.5k NOK. Calculated
-
↑
Net result improved
Net result +9.20m NOK → +15.24m NOK. Calculated
-
↑
Equity strengthened
Book equity 13.53m NOK → 25.02m NOK (equity ratio 82.3% → 86.4%). Calculated
-
↑
Cash rose
Bank deposits 1.77m NOK → 1.99m NOK (+12.2% YoY). Calculated