ABRAXAS AS: årsregnskap 2022 vs 2021
Slipped into loss
approved 2023-09-01; registry 2023-09-11; journal 2023 725995
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABRAXAS AS. Net result +447.1k NOK → -9.76m NOK. Equity 21.22m NOK → 9.46m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-214.0k NOK
-154.9k NOK
+27.6%
Net result
+447.1k NOK
-9.76m NOK
-2282.0%
Equity
21.22m NOK
9.46m NOK
-55.4%
Cash
493.8k NOK
353.5k NOK
-28.4%
Total assets
22.91m NOK
11.16m NOK
-51.3%
What improved
-
↑
Operating result improved
Operating result -214.0k NOK → -154.9k NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 447.1k NOK profit to a loss of 9.76m NOK. Calculated
-
↓
Equity eroded
Book equity 21.22m NOK → 9.46m NOK (equity ratio 92.6% → 84.7%). Calculated
-
↓
Cash fell
Bank deposits 493.8k NOK → 353.5k NOK (-28.4% YoY). Calculated