ABRAXAS AS: årsregnskap 2024 vs 2023
Weaker earnings, cash halved-plus
approved 2025-07-17; registry 2025-07-24; journal 2025 695091
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABRAXAS AS. Net result -1.91m NOK → -4.49m NOK. Equity 7.55m NOK → 3.06m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-143.7k NOK
-133.2k NOK
+7.3%
Net result
-1.91m NOK
-4.49m NOK
-135.4%
Equity
7.55m NOK
3.06m NOK
-59.5%
Cash
225.2k NOK
65.8k NOK
-70.8%
Total assets
8.69m NOK
4.31m NOK
-50.4%
What improved
-
↑
Operating result improved
Operating result -143.7k NOK → -133.2k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -1.91m NOK → -4.49m NOK. Calculated
-
↓
Equity eroded
Book equity 7.55m NOK → 3.06m NOK (equity ratio 86.9% → 71.0%). Calculated
-
↓
Cash fell
Bank deposits 225.2k NOK → 65.8k NOK (-70.8% YoY). Calculated