FirmaIQ
Org.nr 812 357 042 2019 → 2020 Year-over-year analysis

ADVOKATFIRMAET PARMER AS: årsregnskap 2020 vs 2019

Shrank 90% on revenue, slipped into loss, fresh owner capital

approved 2021-04-28; registry 2021-05-03; journal 2021 250112

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVOKATFIRMAET PARMER AS. Revenue 743.3k NOK → 71.3k NOK (-90.4%). Net result +130.7k NOK → -7 986 NOK. Equity 3.16m NOK → 684.0k NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
743.3k NOK 71.3k NOK
-90.4%
Operating result
+168.2k NOK -10.3k NOK
-106.1%
Net result
+130.7k NOK -7 986 NOK
-106.1%
Equity
3.16m NOK 684.0k NOK
-78.4%
Cash
180.9k NOK 154.2k NOK
-14.7%
Total assets
198.2k NOK 402.6k NOK
+103.1%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 561.3k NOK (+531.3k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1.36m NOK → 1 360 NOK (183% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 743.3k NOK to 71.3k NOK (-90.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +168.2k NOK → -10.3k NOK (op. margin 22.6% → -14.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 130.7k NOK profit to a loss of 7 986 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.16m NOK → 684.0k NOK (equity ratio 1594.7% → 169.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 180.9k NOK → 154.2k NOK (-14.7% YoY). Calculated