Org.nr 812 357 042 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET PARMER AS: årsregnskap 2021 vs 2020

Grew 7918% on revenue, weaker earnings

approved 2022-04-30; registry 2022-05-03; journal 2022 250269

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET PARMER AS. Revenue 71.3k NOK → 5.72m NOK (+7918.3%). Net result -7 986 NOK → -570.9k NOK. Equity 684.0k NOK → 205.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET PARMER AS.

Scorecard

Revenue
71.3k NOK 5.72m NOK
+7918.3%
Operating result
-10.3k NOK -726.6k NOK
-6959.4%
Net result
-7 986 NOK -570.9k NOK
-7049.3%
Equity
684.0k NOK 205.9k NOK
-69.9%
Cash
154.2k NOK 533.6k NOK
+246.0%
Total assets
402.6k NOK 5.71m NOK
+1318.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 71.3k NOK to 5.72m NOK (+7918.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 154.2k NOK → 533.6k NOK (+246.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.3k NOK → -726.6k NOK (op. margin -14.4% → -12.7%). Calculated

  • ↓

    Net result weakened

    Net result -7 986 NOK → -570.9k NOK (net margin -11.2% → -10.0%). Calculated

  • ↓

    Equity eroded

    Book equity 684.0k NOK → 205.9k NOK (equity ratio 169.9% → 3.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 13.11× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 561.3k NOK → 205.9k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 5. Reported fact