Org.nr 812 357 042 2018 → 2019 Year-over-year analysis

ADVOKATFIRMAET PARMER AS: årsregnskap 2019 vs 2018

Shrank 76% on revenue, weaker earnings, cash halved-plus

approved 2020-02-13; registry 2020-02-17; journal 2020 210207

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET PARMER AS. Revenue 3.14m NOK → 743.3k NOK (-76.3%). Net result +727.2k NOK → +130.7k NOK. Equity 30.0k NOK → 3.16m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.14m NOK 743.3k NOK
-76.3%
Operating result
n/m +168.2k NOK
—
Net result
+727.2k NOK +130.7k NOK
-82.0%
Equity
30.0k NOK 3.16m NOK
+10432.5%
Cash
558.2k NOK 180.9k NOK
-67.6%
Total assets
640.1k NOK 198.2k NOK
-69.0%

What improved

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 3.16m NOK (equity ratio 4.7% → 1594.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.39m NOK → 1.36m NOK (44% → 183% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.14m NOK to 743.3k NOK (-76.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +727.2k NOK → +130.7k NOK (net margin 23.1% → 17.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 558.2k NOK → 180.9k NOK (-67.6% YoY). Calculated